According to the U.S. Bureau of Labor Statistics, prices for nonprescription drugs are 11.37% higher in 2024 versus 2009 (a $1.14 difference in value).
Between 2009 and 2024: Nonprescription drugs experienced an average inflation rate of 0.72% per year. In other words, nonprescription drugs costing $10 in the year 2009 would cost $11.14 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for nonprescription drugs was lower.
Below are calculations of equivalent buying power for Nonprescription drugs, over time, for $10 beginning in 2009. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2009 | $10.00 | - |
2010 | $10.00 | -0.04% |
2011 | $9.86 | -1.34% |
2012 | $9.93 | 0.73% |
2013 | $9.94 | 0.02% |
2014 | $9.85 | -0.82% |
2015 | $9.78 | -0.78% |
2016 | $9.66 | -1.17% |
2017 | $9.74 | 0.82% |
2018 | $9.69 | -0.51% |
2019 | $9.73 | 0.38% |
2020 | $9.64 | -0.86% |
2021 | $9.59 | -0.60% |
2022 | $10.01 | 4.38% |
2023 | $10.66 | 6.50% |
2024 | $11.14 | 4.50%* |
* 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 Nonprescription drugs:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 99.958 | 98.622 | 99.338 | 99.356 | 98.537 | 97.772 | 96.630 | 97.424 | 96.923 | 97.287 | 96.447 | 95.872 | 100.075 | 106.578 | 111.372 |