According to the U.S. Bureau of Labor Statistics, prices for appliances were 2.21% higher in 2021 versus 2020 (a $0.44 difference in value).

**Between 2020 and 2021:** Appliances experienced an average inflation rate of 2.21% per year.
This rate of change indicates significant inflation.
In other words, appliances costing $20 in the year 2020 would cost $20.44 in 2021 for an equivalent purchase.
Compared to the overall inflation rate of 1.07% during this same period, inflation for appliances was
higher.

**In the year 2020:** Pricing changed by 2.72%, which is
above the average yearly
change for appliances during the 2020-2021 time period.
Compared to inflation for all items in 2020 (1.23%), inflation for appliances was
higher.

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 | 81.349 |

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Below are calculations of equivalent buying power for Appliances, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year | USD Value | Inflation Rate |
---|---|---|

2020 | $20.00 | 2.72% |

2021 | $20.44 | 2.21%* |

CPI in 2021 / CPI in 2020 * 2020 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Appliances was 79.592 in the year 2020 and 81.349 in 2021:

81.349 / 79.592 * $20 =

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2020 has the same "purchasing power" as $20.44 in 2021 (in the CPI category of Appliances).