Communication priced at $20 in 2014 $14.70 in 2020

Communication Inflation Calculator

$

Prices for Communication, 2014-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for communication were 26.48% lower in 2020 versus 2014 (a $5.30 difference in value).

Between 2014 and 2020: Communication experienced an average inflation rate of -5% per year. This rate of change indicates significant deflation. In other words, communication costing $20 in the year 2014 would cost $14.70 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.45% during this same period, inflation for communication was significantly lower.

In the year 2014: Pricing changed by 0%, which is significantly above the average yearly change for communication during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for communication was lower.

Price Inflation for Communication since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2018 (-26.38%), 1995 (1.30%), and 2019 (-0.92%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Communication:

Year 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 96.733 97.567 98.833 99.600 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 100.333 73.862 73.183 73.767

View price changes for other categories
San Francisco, California · Dental services · Tampa, Florida · Women's apparel · More

Buying power of $20 since 2014

Below are calculations of equivalent buying power for Communication, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2014 $20.00 -
2015 $20.00 0.00%
2016 $20.00 0.00%
2017 $20.00 0.00%
2018 $14.72 -26.38%
2019 $14.59 -0.92%
2020 $14.70 0.80%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for communication, 2014-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2014 * 2014 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Communication was 100.333 in the year 2014 and 73.767 in 2020:

73.767 / 100.333 * $20 = $14.70

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $14.70 in 2020 (in the CPI category of Communication).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Communication in 1993. In addition to communication, 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.