Services less rent of shelter priced at $20 in 1982 $82.44 in 2024

Services Less Rent Of Shelter Inflation Calculator

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Prices for Services Less Rent Of Shelter, 1982-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for services less rent of shelter are 312.22% higher in 2024 versus 1982 (a $62.44 difference in value).

Between 1982 and 2024: Services less rent of shelter experienced an average inflation rate of 3.43% per year. This rate of change indicates significant inflation. In other words, services less rent of shelter costing $20 in the year 1982 would cost $82.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for services less rent of shelter was higher.

Price Inflation for Services less rent of shelter since 1982

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (6.49%), 1991 (5.73%), and 1990 (5.64%).

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Buying power of $20.00 since 1982

Below are calculations of equivalent buying power for Services less rent of shelter, over time, for $20 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$20.00-
1983$20.572.86%
1984$21.705.48%
1985$22.714.64%
1986$23.744.55%
1987$24.613.68%
1988$25.664.28%
1989$27.025.30%
1990$28.555.64%
1991$30.185.73%
1992$31.514.39%
1993$32.964.61%
1994$34.133.55%
1995$35.353.57%
1996$36.503.25%
1997$37.623.05%
1998$38.351.96%
1999$39.172.13%
2000$40.593.62%
2001$42.464.61%
2002$43.502.46%
2003$45.284.09%
2004$46.713.15%
2005$48.644.13%
2006$50.664.17%
2007$52.152.94%
2008$54.604.69%
2009$55.611.86%
2010$56.872.27%
2011$58.112.18%
2012$59.312.07%
2013$60.812.53%
2014$62.242.35%
2015$63.161.48%
2016$64.552.21%
2017$65.862.02%
2018$67.272.15%
2019$68.561.90%
2020$69.721.70%
2021$71.823.01%
2022$76.486.49%
2023$79.764.29%
2024$82.443.36%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Services less rent of shelter:

Year1982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000102.862108.500113.531118.692123.062128.323135.123142.738150.923157.554164.823170.669176.769182.515188.077191.754195.838202.931212.292217.523226.415233.538243.185253.323260.764273.000278.064284.368290.554296.561304.050311.188315.790322.763329.294336.370342.777348.587359.079382.396398.804412.220

Adjust services less rent of shelter prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1982 * 1982 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Services less rent of shelter was 100.000 in the year 1982 and 412.220 in 2024:

412.220 / 100.000 * $20 = $82.44

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1982 has the same "purchasing power" as $82.44 in 2024 (in the CPI category of Services less rent of shelter).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Services less rent of shelter in 1982. In addition to services less rent of shelter, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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