According to the U.S. Bureau of Labor Statistics, prices for all items (chained) are 74.41% higher in 2024 versus 1999 (a $14.88 difference in value).
Between 1999 and 2024: All items (chained) experienced an average inflation rate of 2.25% per year. This rate of change indicates significant inflation. In other words, all items (chained) costing $20 in the year 1999 would cost $34.88 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for all items (chained) was lower.
Below are calculations of equivalent buying power for All items (chained), over time, for $20 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1999 | $20.00 | - |
2000 | $20.40 | 1.99% |
2001 | $20.86 | 2.26% |
2002 | $21.12 | 1.26% |
2003 | $21.55 | 2.04% |
2004 | $22.09 | 2.51% |
2005 | $22.74 | 2.92% |
2006 | $23.40 | 2.90% |
2007 | $23.99 | 2.53% |
2008 | $24.89 | 3.73% |
2009 | $24.77 | -0.47% |
2010 | $25.12 | 1.42% |
2011 | $25.89 | 3.06% |
2012 | $26.40 | 1.95% |
2013 | $26.72 | 1.22% |
2014 | $27.10 | 1.45% |
2015 | $27.07 | -0.12% |
2016 | $27.33 | 0.93% |
2017 | $27.81 | 1.76% |
2018 | $28.37 | 2.02% |
2019 | $28.78 | 1.45% |
2020 | $29.09 | 1.07% |
2021 | $30.39 | 4.47% |
2022 | $32.72 | 7.68% |
2023 | $33.99 | 3.87% |
2024 | $34.88 | 2.62%* |
* 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 (chained):
Year | 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 | 100.000 | 101.992 | 104.292 | 105.608 | 107.762 | 110.462 | 113.692 | 116.992 | 119.957 | 124.433 | 123.850 | 125.615 | 129.453 | 131.976 | 133.592 | 135.524 | 135.362 | 136.625 | 139.036 | 141.842 | 143.904 | 145.449 | 151.950 | 163.616 | 169.954 | 174.411 |