According to the U.S. Bureau of Labor Statistics, prices for audio equipment were 4.85% lower in 2021 versus 2018 (a $0.97 difference in value).
Between 2018 and 2021: Audio equipment experienced an average inflation rate of -1.64% per year. In other words, audio equipment costing $20 in the year 2018 would cost $19.03 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.57% during this same period, inflation for audio equipment was significantly lower.
In the year 2018: Pricing changed by -13.87%, which is significantly below the average yearly change for audio equipment during the 2018-2021 time period. Compared to inflation for all items in 2018 (2.44%), inflation for audio equipment was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Audio equipment:
Below are calculations of equivalent buying power for Audio equipment, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|