Recreational reading materials priced at $20 in 1997 $28.62 in 2019

Historical Price Inflation for Recreational reading materials

$

Prices for Recreational Reading Materials, 1997-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for recreational reading materials were 43.10% higher in 2019 versus 1997 (a $8.62 difference in value).

Between 1997 and 2019: Recreational reading materials experienced an average inflation rate of 1.64% per year. In other words, recreational reading materials costing $20 in the year 1997 would cost $28.62 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.07% during this same period, inflation for recreational reading materials was lower.

In the year 1997: Pricing changed by 1.47%, which is below the average yearly change for recreational reading materials during the 1997-2019 time period. Compared to inflation for all items in 1997 (2.33%), inflation for recreational reading materials was lower.

Price Inflation for Recreational reading materials since 1989

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (6.27%), 1990 (5.10%), and 1996 (4.93%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Recreational reading materials:

Year 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
CPI 129.550 136.158 144.700 150.858 156.200 161.333 168.117 176.408 179.008 184.125 186.100 188.283 191.442 195.767 197.508 201.175 203.917 205.342 207.330 211.981 220.277 220.671 219.613 223.884 231.969 236.675 240.684 240.665 241.549 246.308 256.169

View price changes for other categories
Airline fares · Medical care · Wine at home · Indoor plants and flowers · More

Buying power of $20 since 1997

Below are calculations of equivalent buying power for Recreational reading materials, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1997 $20.00 1.47%
1998 $20.57 2.86%
1999 $20.79 1.07%
2000 $21.04 1.17%
2001 $21.39 1.68%
2002 $21.87 2.26%
2003 $22.07 0.89%
2004 $22.48 1.86%
2005 $22.78 1.36%
2006 $22.94 0.70%
2007 $23.16 0.97%
2008 $23.68 2.24%
2009 $24.61 3.91%
2010 $24.65 0.18%
2011 $24.54 -0.48%
2012 $25.01 1.94%
2013 $25.92 3.61%
2014 $26.44 2.03%
2015 $26.89 1.69%
2016 $26.89 -0.01%
2017 $26.99 0.37%
2018 $27.52 1.97%
2019 $28.62 4.00%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for recreational reading materials, 1997-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 1997 * 1997 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Recreational reading materials was 179.008 in the year 1997 and 256.169 in 2019:

256.169 / 179.008 * $20 = $28.62

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $28.62 in 2019 (in the CPI category of Recreational reading materials).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Recreational reading materials in 1989. In addition to recreational reading materials, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.