Personal computers and peripheral equipment priced at $20 in 1998 $0.98 in 2017

Historical Price Inflation for Personal computers and peripheral equipment

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Prices for Personal Computers And Peripheral Equipment, 1998-2017 ($20)

According to the U.S. Bureau of Labor Statistics, prices for personal computers and peripheral equipment were 1,945.01% higher in 1998 versus 2017.

Between 1998 and 2017: Personal computers and peripheral equipment experienced an average inflation rate of -14.69% per year. This rate of change indicates significant deflation. In other words, personal computers and peripheral equipment costing $20 in the year 1998 would cost $0.98 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.16% during this same period, personal computers and peripheral equipment inflation was significantly lower.

In the year 1998: Pricing changed by -27.88%, significantly below the average yearly change for personal computers and peripheral equipment during the 1998-2017 time period. Compared to overall inflation for all items in 1998 (1.53%), price inflation for personal computers and peripheral equipment was much lower.

Price Inflation for Personal computers and peripheral equipment since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1999 (-46.21%), 2001 (-38.99%), and 2002 (-33.27%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Personal computers and peripheral equipment:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
CPI 1119.000 875.023 598.454 459.515 330.608 248.069 196.654 170.954 143.462 121.077 108.409 94.944 82.304 76.377 68.901 62.334 56.759 52.597 47.905 44.428 42.788

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How to calculate the inflation rate for personal computers and peripheral equipment, 1998-2017

Start with the inflation rate formula:

CPI in 2017 / CPI in 1998 * 1998 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Personal computers and peripheral equipment was 875.023 in the year 1998 and 42.788 in 2017:

42.788 / 875.023 * $20 = $0.98

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $0.98 in 2017 (in the category of Personal computers and peripheral equipment).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Personal computers and peripheral equipment in 1997. In addition to personal computers and peripheral equipment, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.

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