Appliances priced at $20 in 2004 $20.81 in 2022

Appliances Inflation Calculator

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Prices for Appliances, 2004-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for appliances are 4.07% higher in 2022 versus 2004 (a $0.81 difference in value).

Between 2004 and 2022: Appliances experienced an average inflation rate of 0.22% per year. In other words, appliances costing $20 in the year 2004 would cost $20.81 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.38% during this same period, inflation for appliances was lower.

In the year 2004: Pricing changed by -3.96%, which is significantly below the average yearly change for appliances during the 2004-2022 time period. Compared to inflation for all items in 2004 (2.68%), inflation for appliances was much lower.

Price Inflation for Appliances since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2021 (6.14%), 2022 (5.85%), and 2010 (-4.53%).

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Buying power of $20.00 since 2004

Below are calculations of equivalent buying power for Appliances, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2004$20.00-3.96%
2005$20.221.11%
2006$20.501.38%
2007$20.901.93%
2008$20.930.14%
2009$21.201.30%
2010$20.24-4.53%
2011$19.99-1.21%
2012$20.502.57%
2013$20.10-1.98%
2014$19.21-4.44%
2015$18.45-3.92%
2016$17.83-3.39%
2017$17.38-2.50%
2018$17.641.46%
2019$18.042.27%
2020$18.532.72%
2021$19.676.14%
2022$20.815.85%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Appliances:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000100.20097.73196.28594.70092.70089.45485.91586.86988.06989.76989.89691.06386.93485.87888.08386.34282.50979.27276.58674.67075.75977.48279.59284.47889.416

Adjust appliances prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2004 * 2004 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Appliances was 85.915 in the year 2004 and 89.416 in 2022:

89.416 / 85.915 * $20 = $20.81

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $20.81 in 2022 (in the CPI category of Appliances).


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

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