Audio equipment priced at $20 in 2003 $7.13 in 2024

Audio Equipment Inflation Calculator

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Prices for Audio Equipment, 2003-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for audio equipment are 64.35% lower in 2024 versus 2003 (a $12.87 difference in value).

Between 2003 and 2024: Audio equipment experienced an average inflation rate of -4.79% per year. This rate of change indicates significant deflation. In other words, audio equipment costing $20 in the year 2003 would cost $7.13 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% 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.

Price Inflation for Audio equipment since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2018 (-13.87%), 2017 (-8.28%), and 2005 (-8.20%).

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Buying power of $20.00 since 2003

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:

YearUSD ValueInflation 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$7.840.81%
2020$7.71-1.64%
2021$7.33-5.01%
2022$7.360.42%
2023$7.36-0.02%
2024$7.13-3.10%*

* 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:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI89.70092.37795.55497.685100.846101.992100.30097.70894.40891.73893.03892.65492.80093.15494.61594.36993.87793.78592.05490.72388.93885.17781.70880.16277.17773.36269.50065.96960.56257.33854.13051.56848.91947.34245.14042.02139.92738.01436.00334.22631.39327.03827.25626.81025.46825.57625.57124.779

Adjust audio equipment prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2003 * 2003 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Audio equipment was 69.500 in the year 2003 and 24.779 in 2024:

24.779 / 69.500 * $20 = $7.13

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $7.13 in 2024 (in the CPI category of Audio equipment).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Audio equipment in 1977. In addition to audio equipment, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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