Clocks, lamps, and decorator items priced at $20 in 1978 $10.66 in 2022

Clocks, Lamps, And Decorator Items Inflation Calculator

$

Prices for Clocks, Lamps, And Decorator Items, 1978-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for clocks, lamps, and decorator items are 46.71% lower in 2022 versus 1978 (a $9.34 difference in value).

Between 1978 and 2022: Clocks, lamps, and decorator items experienced an average inflation rate of -1.42% per year. In other words, clocks, lamps, and decorator items costing $20 in the year 1978 would cost $10.66 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for clocks, lamps, and decorator items was significantly lower.

In the year 1978: Pricing changed by 1.98%, which is significantly above the average yearly change for clocks, lamps, and decorator items during the 1978-2022 time period. Compared to inflation for all items in 1978 (7.63%), inflation for clocks, lamps, and decorator items was much lower.

Price Inflation for Clocks, lamps, and decorator items since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.55%), 2006 (-9.59%), and 2017 (-8.59%).

View price changes for other categories
Educational books and supplies · New York · Hospital services · Housing · More

Buying power of $20.00 since 1978

Below are calculations of equivalent buying power for Clocks, lamps, and decorator items, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$20.001.98%
1979$20.934.65%
1980$23.1410.55%
1981$24.726.84%
1982$25.613.58%
1983$26.132.04%
1984$26.491.39%
1985$26.931.64%
1986$26.67-0.95%
1987$26.850.65%
1988$27.492.41%
1989$28.433.40%
1990$29.413.44%
1991$30.423.42%
1992$30.901.60%
1993$31.221.01%
1994$31.13-0.26%
1995$31.10-0.12%
1996$31.290.63%
1997$31.24-0.17%
1998$31.330.31%
1999$30.46-2.80%
2000$29.14-4.34%
2001$28.03-3.79%
2002$26.93-3.91%
2003$25.08-6.88%
2004$23.85-4.93%
2005$22.96-3.73%
2006$20.75-9.59%
2007$19.19-7.52%
2008$18.22-5.09%
2009$17.52-3.81%
2010$16.39-6.44%
2011$15.51-5.39%
2012$14.63-5.68%
2013$13.77-5.91%
2014$12.89-6.35%
2015$12.29-4.67%
2016$11.70-4.83%
2017$10.69-8.59%
2018$9.83-8.02%
2019$9.67-1.71%
2020$9.59-0.80%
2021$9.862.87%
2022$10.668.06%*

* 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 Clocks, lamps, and decorator items:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI75.20076.69280.26288.73194.80098.192100.200101.592103.254102.277102.946105.431109.015112.769116.631118.500119.700119.385119.238119.985119.777120.154116.792111.723107.485103.28596.17791.43888.03179.58573.60469.85467.19262.86259.47656.09952.78449.43147.12344.84840.99837.70937.06536.76937.82440.871

Adjust clocks, lamps, and decorator items prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1978 * 1978 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Clocks, lamps, and decorator items was 76.692 in the year 1978 and 40.871 in 2022:

40.871 / 76.692 * $20 = $10.66

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1978 has the same "purchasing power" as $10.66 in 2022 (in the CPI category of Clocks, lamps, and decorator items).


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

» Read more about inflation and investment.