Computer software and accessories priced at $20 in 1998 $5.50 in 2021

Computer Software And Accessories Inflation Calculator

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Prices for Computer Software And Accessories, 1998-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for computer software and accessories were 72.48% lower in 2021 versus 1998 (a $14.50 difference in value).

Between 1998 and 2021: Computer software and accessories experienced an average inflation rate of -5.45% per year. This rate of change indicates significant deflation. In other words, computer software and accessories costing $20 in the year 1998 would cost $5.50 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.08% during this same period, inflation for computer software and accessories was significantly lower.

In the year 1998: Pricing changed by -4.52%, which is above the average yearly change for computer software and accessories during the 1998-2021 time period. Compared to inflation for all items in 1998 (1.55%), inflation for computer software and accessories was much lower.

Price Inflation for Computer software and accessories since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2020 (-10.58%), 2003 (-8.88%), and 2019 (-7.99%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Computer software and accessories:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
CPI 100.000 95.485 88.408 85.431 79.108 73.977 67.408 62.431 58.938 55.385 52.512 50.641 49.943 46.429 43.057 40.980 38.558 37.001 36.779 34.363 33.019 32.147 29.577 26.449 26.280

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Buying power of $20 since 1998

Below are calculations of equivalent buying power for Computer software and accessories, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1998 $20.00 -4.52%
1999 $18.52 -7.41%
2000 $17.89 -3.37%
2001 $16.57 -7.40%
2002 $15.50 -6.49%
2003 $14.12 -8.88%
2004 $13.08 -7.38%
2005 $12.35 -5.59%
2006 $11.60 -6.03%
2007 $11.00 -5.19%
2008 $10.61 -3.56%
2009 $10.46 -1.38%
2010 $9.72 -7.04%
2011 $9.02 -7.26%
2012 $8.58 -4.82%
2013 $8.08 -5.91%
2014 $7.75 -4.04%
2015 $7.70 -0.60%
2016 $7.20 -6.57%
2017 $6.92 -3.91%
2018 $6.73 -2.64%
2019 $6.20 -7.99%
2020 $5.54 -10.58%
2021 $5.50 -0.64%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for computer software and accessories, 1998-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1998 * 1998 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Computer software and accessories was 95.485 in the year 1998 and 26.280 in 2021:

26.280 / 95.485 * $20 = $5.50

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $5.50 in 2021 (in the CPI category of Computer software and accessories).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Computer software and accessories in 1997. In addition to computer software and accessories, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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