According to the U.S. Bureau of Labor Statistics, prices for information technology commodities were 43.62% lower in 2018 versus 2010 (a $8.72 difference in value).
Between 2010 and 2018: Information technology commodities experienced an average inflation rate of -6.91% per year. This rate of change indicates significant deflation. In other words, information technology commodities costing $20 in the year 2010 would cost $11.28 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.78% during this same period, inflation for information technology commodities was significantly lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Information technology commodities:
Below are calculations of equivalent buying power for Information technology commodities, over time, for $20 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|