Appliances priced at $20 in 2017 $22.24 in 2021

Appliances Inflation Calculator

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Prices for Appliances, 2017-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for appliances were 11.20% higher in 2021 versus 2017 (a $2.24 difference in value).

Between 2017 and 2021: Appliances experienced an average inflation rate of 2.69% per year. This rate of change indicates significant inflation. In other words, appliances costing $20 in the year 2017 would cost $22.24 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.98% during this same period, inflation for appliances was higher.

In the year 2017: Pricing changed by -2.50%, which is significantly below the average yearly change for appliances during the 2017-2021 time period. Compared to inflation for all items in 2017 (2.13%), 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: 2010 (-4.53%), 2014 (-4.44%), and 2021 (4.32%).

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

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
CPI 100.000 100.200 97.731 96.285 94.700 92.700 89.454 85.915 86.869 88.069 89.769 89.896 91.063 86.934 85.878 88.083 86.342 82.509 79.272 76.586 74.670 75.759 77.482 79.592 83.029

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Buying power of $20 since 2017

Below are calculations of equivalent buying power for Appliances, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2017 $20.00 -2.50%
2018 $20.29 1.46%
2019 $20.75 2.27%
2020 $21.32 2.72%
2021 $22.24 4.32%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for appliances, 2017-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2017 * 2017 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Appliances was 74.670 in the year 2017 and 83.029 in 2021:

83.029 / 74.670 * $20 = $22.24

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2017 has the same "purchasing power" as $22.24 in 2021 (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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