According to the U.S. Bureau of Labor Statistics, prices for computer software and accessories are 11.35% lower in 2024 versus 2020 (a $2.27 difference in value).
Between 2020 and 2024: Computer software and accessories experienced an average inflation rate of -2.97% per year. This rate of change indicates significant deflation. In other words, computer software and accessories costing $20 in the year 2020 would cost $17.73 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for computer software and accessories was significantly lower.
In the year 2020: Pricing changed by -10.58%, which is significantly below the average yearly change for computer software and accessories during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for computer software and accessories was much lower.
Below are calculations of equivalent buying power for Computer software and accessories, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $20.00 | -10.58% |
| 2021 | $19.63 | -1.86% |
| 2022 | $19.30 | -1.68% |
| 2023 | $18.17 | -5.83% |
| 2024 | $17.73 | -2.44%* |
* 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 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 | 2022 | 2023 | 2024 |
| 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 | 25.958 | 25.521 | 24.033 | 23.448 |