Clocks, lamps, and decorator items priced at $20 in 2021 $21.71 in 2022

Clocks, Lamps, And Decorator Items Inflation Calculator

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Prices for Clocks, Lamps, And Decorator Items, 2021-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for clocks, lamps, and decorator items are 8.56% higher in 2022 versus 2021 (a $1.71 difference in value).

Between 2021 and 2022: Clocks, lamps, and decorator items experienced an average inflation rate of 8.56% per year. This rate of change indicates significant inflation. In other words, clocks, lamps, and decorator items costing $20 in the year 2021 would cost $21.71 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 6.41% during this same period, inflation for clocks, lamps, and decorator items was higher.

In the year 2021: Pricing changed by 2.87%, which is significantly below the average yearly change for clocks, lamps, and decorator items during the 2021-2022 time period. Compared to inflation for all items in 2021 (4.70%), inflation for clocks, lamps, and decorator items was 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 2021

Below are calculations of equivalent buying power for Clocks, lamps, and decorator items, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2021$20.002.87%
2022$21.718.56%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Clocks, lamps, and decorator items:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI75.20076.69280.26288.73194.80098.192100.200101.592103.254102.277102.946105.431109.015112.769116.631118.500119.700119.385119.238119.985119.777120.154116.792111.723107.485103.28596.17791.43888.03179.58573.60469.85467.19262.86259.47656.09952.78449.43147.12344.84840.99837.70937.06536.76937.82441.063

Adjust clocks, lamps, and decorator items prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2021 * 2021 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Clocks, lamps, and decorator items was 37.824 in the year 2021 and 41.063 in 2022:

41.063 / 37.824 * $20 = $21.71

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $21.71 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.

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