According to the U.S. Bureau of Labor Statistics, prices for audio equipment are 64.18% lower in 2024 versus 2003 (a $12.84 difference in value).
Between 2003 and 2024: Audio equipment experienced an average inflation rate of -4.77% per year. This rate of change indicates significant deflation. In other words, audio equipment costing $20 in the year 2003 would cost $7.16 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for audio equipment was significantly lower.
In the year 2003: Pricing changed by -5.26%, which is below the average yearly change for audio equipment during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for audio equipment was much lower.
Below are calculations of equivalent buying power for Audio equipment, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2003 | $20.00 | -5.26% |
2004 | $18.98 | -5.08% |
2005 | $17.43 | -8.20% |
2006 | $16.50 | -5.32% |
2007 | $15.58 | -5.60% |
2008 | $14.84 | -4.73% |
2009 | $14.08 | -5.14% |
2010 | $13.62 | -3.22% |
2011 | $12.99 | -4.65% |
2012 | $12.09 | -6.91% |
2013 | $11.49 | -4.98% |
2014 | $10.94 | -4.79% |
2015 | $10.36 | -5.29% |
2016 | $9.85 | -4.94% |
2017 | $9.03 | -8.28% |
2018 | $7.78 | -13.87% |
2019 | $7.84 | 0.81% |
2020 | $7.71 | -1.64% |
2021 | $7.33 | -5.01% |
2022 | $7.36 | 0.42% |
2023 | $7.36 | -0.02% |
2024 | $7.16 | -2.64%* |
* 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 | 24.896 |