Clocks, lamps, and decorator items priced at $20 in 2002 $7.69 in 2024

Clocks, Lamps, And Decorator Items Inflation Calculator

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Prices for Clocks, Lamps, And Decorator Items, 2002-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for clocks, lamps, and decorator items are 61.56% lower in 2024 versus 2002 (a $12.31 difference in value).

Between 2002 and 2024: Clocks, lamps, and decorator items experienced an average inflation rate of -4.25% per year. This rate of change indicates significant deflation. In other words, clocks, lamps, and decorator items costing $20 in the year 2002 would cost $7.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for clocks, lamps, and decorator items was significantly lower.

In the year 2002: Pricing changed by -3.91%, which is above the average yearly change for clocks, lamps, and decorator items during the 2002-2024 time period. Compared to inflation for all items in 2002 (1.59%), 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%).

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Buying power of $20.00 since 2002

Below are calculations of equivalent buying power for Clocks, lamps, and decorator items, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$20.00-3.91%
2003$18.62-6.88%
2004$17.71-4.93%
2005$17.05-3.73%
2006$15.41-9.59%
2007$14.25-7.52%
2008$13.53-5.09%
2009$13.01-3.81%
2010$12.17-6.44%
2011$11.52-5.39%
2012$10.86-5.68%
2013$10.22-5.91%
2014$9.57-6.35%
2015$9.12-4.67%
2016$8.68-4.83%
2017$7.94-8.59%
2018$7.30-8.02%
2019$7.18-1.71%
2020$7.12-0.80%
2021$7.322.87%
2022$7.918.06%
2023$7.87-0.52%
2024$7.69-2.36%*

* 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:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI75.20076.69280.26288.73194.80098.192100.200101.592103.254102.277102.946105.431109.015112.769116.631118.500119.700119.385119.238119.985119.777120.154116.792111.723107.485103.28596.17791.43888.03179.58573.60469.85467.19262.86259.47656.09952.78449.43147.12344.84840.99837.70937.06536.76937.82440.87140.65839.699

Adjust clocks, lamps, and decorator items prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2002 * 2002 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Clocks, lamps, and decorator items was 103.285 in the year 2002 and 39.699 in 2024:

39.699 / 103.285 * $20 = $7.69

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $7.69 in 2024 (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.

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