Even though Back-to-School has been an annual shopping tradition for decades now, it's pretty staggering to see how prices have jumped for your typical items from just 20 years ago. The data below shows prices for school supply items found at common retailers, and then what those same prices were 20 years ago using the CPI inflation calculator. Check out the images below to see how Back to School has changed from then vs. now.
Many backpacks fall in the $20 to $30 range. In 1994, those same backpacks would have cost $12.44 to $18.65.
Trapper Keepers typically sell between $15 to $25. They would have cost $9.33 to $15.54 twenty years ago.
Parents can be expected to shell out $10 to $22 dollars for a top notch lunch box. In 1994, a lunch box could cost just $6.22 to $13.68
Depending on quality and need, a notebook can range from $1 to $10 or more. Compare that to 1994, where you could get a notebook for $0.60 or lower.
An advanced graphing calculator today can run as high as $130. In the 90's that price would have been $80 at most.
If your kids are going to be biking to school, be prepared to spend $80-$150 for a standard quality bike. In 1994 prices, that would have been between $50-$95.
What's on your back-to-school list?