According to the U.S. Bureau of Labor Statistics, prices for personal computers and peripheral equipment were 62.11% lower in 2018 versus 2007 (a $12.42 difference in value).
Between 2007 and 2018: Personal computers and peripheral equipment experienced an average inflation rate of -8.45% per year. This rate of change indicates significant deflation. In other words, personal computers and peripheral equipment costing $20 in the year 2007 would cost $7.58 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.74% during this same period, inflation for personal computers and peripheral equipment was significantly lower.
In the year 2007: Pricing changed by -10.46%, which is below the average yearly change for personal computers and peripheral equipment during the 2007-2018 time period. Compared to inflation for all items in 2007 (2.85%), inflation for personal computers and peripheral equipment was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Personal computers and peripheral equipment:
Below are calculations of equivalent buying power for Personal computers and peripheral equipment, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|