According to the U.S. Bureau of Labor Statistics, prices for all items less energy are 897.23% higher in 2024 versus 1964 (a $179.45 difference in value).
Between 1964 and 2024: All items less energy experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, all items less energy costing $20 in the year 1964 would cost $199.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation for all items less energy was lower.
In the year 1964: Pricing changed by 1.42%, which is below the average yearly change for all items less energy during the 1964-2024 time period. Compared to inflation for all items in 1964 (1.28%), inflation for all items less energy was higher.
Below are calculations of equivalent buying power for All items less energy, over time, for $20 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1964 | $20.00 | 1.42% |
1965 | $20.32 | 1.59% |
1966 | $20.94 | 3.08% |
1967 | $21.53 | 2.80% |
1968 | $22.48 | 4.40% |
1969 | $23.75 | 5.67% |
1970 | $25.20 | 6.08% |
1971 | $26.28 | 4.28% |
1972 | $27.17 | 3.39% |
1973 | $28.81 | 6.04% |
1974 | $31.65 | 9.86% |
1975 | $34.50 | 9.02% |
1976 | $36.44 | 5.64% |
1977 | $38.72 | 6.26% |
1978 | $41.73 | 7.77% |
1979 | $45.90 | 9.97% |
1980 | $51.25 | 11.66% |
1981 | $56.35 | 9.96% |
1982 | $60.15 | 6.74% |
1983 | $62.30 | 3.58% |
1984 | $65.23 | 4.70% |
1985 | $67.80 | 3.93% |
1986 | $70.42 | 3.88% |
1987 | $73.32 | 4.11% |
1988 | $76.51 | 4.35% |
1989 | $80.14 | 4.75% |
1990 | $84.28 | 5.16% |
1991 | $88.14 | 4.57% |
1992 | $90.98 | 3.23% |
1993 | $93.81 | 3.11% |
1994 | $96.41 | 2.76% |
1995 | $99.27 | 2.97% |
1996 | $102.05 | 2.80% |
1997 | $104.52 | 2.42% |
1998 | $106.90 | 2.28% |
1999 | $109.12 | 2.08% |
2000 | $111.75 | 2.41% |
2001 | $114.82 | 2.74% |
2002 | $117.40 | 2.25% |
2003 | $119.22 | 1.55% |
2004 | $121.64 | 2.03% |
2005 | $124.33 | 2.21% |
2006 | $127.42 | 2.48% |
2007 | $130.70 | 2.58% |
2008 | $134.35 | 2.79% |
2009 | $136.65 | 1.71% |
2010 | $137.92 | 0.93% |
2011 | $140.64 | 1.97% |
2012 | $143.71 | 2.18% |
2013 | $146.16 | 1.70% |
2014 | $148.86 | 1.85% |
2015 | $151.59 | 1.83% |
2016 | $154.50 | 1.92% |
2017 | $157.12 | 1.70% |
2018 | $160.32 | 2.03% |
2019 | $163.76 | 2.15% |
2020 | $166.97 | 1.96% |
2021 | $173.03 | 3.63% |
2022 | $184.62 | 6.70% |
2023 | $193.72 | 4.93% |
2024 | $199.45 | 2.96%* |
* 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 All items less energy:
Year | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 28.869 | 29.692 | 29.962 | 30.392 | 30.723 | 31.123 | 31.523 | 31.969 | 32.477 | 33.477 | 34.415 | 35.931 | 37.969 | 40.277 | 42.000 | 43.423 | 46.046 | 50.585 | 55.146 | 58.254 | 61.900 | 66.708 | 73.362 | 81.915 | 90.077 | 96.146 | 99.585 | 104.269 | 108.369 | 112.569 | 117.200 | 122.300 | 128.108 | 134.723 | 140.885 | 145.431 | 149.954 | 154.100 | 158.677 | 163.123 | 167.069 | 170.877 | 174.431 | 178.631 | 183.531 | 187.654 | 190.569 | 194.438 | 198.738 | 203.677 | 208.925 | 214.751 | 218.433 | 220.458 | 224.806 | 229.717 | 233.633 | 237.952 | 242.313 | 246.963 | 251.157 | 256.261 | 261.762 | 266.894 | 276.576 | 295.109 | 309.656 | 318.807 |