According to the U.S. Bureau of Labor Statistics, prices for audio equipment are 73.75% lower in 2024 versus 1991 (a $14.75 difference in value).
Between 1991 and 2024: Audio equipment experienced an average inflation rate of -3.97% per year. This rate of change indicates significant deflation. In other words, audio equipment costing $20 in the year 1991 would cost $5.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for audio equipment was significantly lower.
In the year 1991: Pricing changed by 1.57%, which is significantly above the average yearly change for audio equipment during the 1991-2024 time period. Compared to inflation for all items in 1991 (4.23%), inflation for audio equipment was lower.
Below are calculations of equivalent buying power for Audio equipment, over time, for $20 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1991 | $20.00 | 1.57% |
1992 | $19.95 | -0.26% |
1993 | $19.84 | -0.52% |
1994 | $19.82 | -0.10% |
1995 | $19.46 | -1.85% |
1996 | $19.18 | -1.45% |
1997 | $18.80 | -1.97% |
1998 | $18.00 | -4.23% |
1999 | $17.27 | -4.07% |
2000 | $16.94 | -1.89% |
2001 | $16.31 | -3.72% |
2002 | $15.51 | -4.94% |
2003 | $14.69 | -5.26% |
2004 | $13.94 | -5.08% |
2005 | $12.80 | -8.20% |
2006 | $12.12 | -5.32% |
2007 | $11.44 | -5.60% |
2008 | $10.90 | -4.73% |
2009 | $10.34 | -5.14% |
2010 | $10.01 | -3.22% |
2011 | $9.54 | -4.65% |
2012 | $8.88 | -6.91% |
2013 | $8.44 | -4.98% |
2014 | $8.04 | -4.79% |
2015 | $7.61 | -5.29% |
2016 | $7.23 | -4.94% |
2017 | $6.64 | -8.28% |
2018 | $5.72 | -13.87% |
2019 | $5.76 | 0.81% |
2020 | $5.67 | -1.64% |
2021 | $5.38 | -5.01% |
2022 | $5.41 | 0.42% |
2023 | $5.41 | -0.02% |
2024 | $5.25 | -2.88%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Audio equipment:
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 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 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 89.700 | 92.377 | 95.554 | 97.685 | 100.846 | 101.992 | 100.300 | 97.708 | 94.408 | 91.738 | 93.038 | 92.654 | 92.800 | 93.154 | 94.615 | 94.369 | 93.877 | 93.785 | 92.054 | 90.723 | 88.938 | 85.177 | 81.708 | 80.162 | 77.177 | 73.362 | 69.500 | 65.969 | 60.562 | 57.338 | 54.130 | 51.568 | 48.919 | 47.342 | 45.140 | 42.021 | 39.927 | 38.014 | 36.003 | 34.226 | 31.393 | 27.038 | 27.256 | 26.810 | 25.468 | 25.576 | 25.571 | 24.836 |