According to the U.S. Bureau of Labor Statistics, prices for computers, peripherals, and smart home assistants are 95.90% lower in 2024 versus 1998 (a $19.18 difference in value).
Between 1998 and 2024: Computers, peripherals, and smart home assistants experienced an average inflation rate of -11.56% per year. This rate of change indicates significant deflation. In other words, computers, peripherals, and smart home assistants costing $20 in the year 1998 would cost $0.82 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for computers, peripherals, and smart home assistants was significantly lower.
In the year 1998: Pricing changed by -21.80%, which is significantly below the average yearly change for computers, peripherals, and smart home assistants during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for computers, peripherals, and smart home assistants was much lower.
Below are calculations of equivalent buying power for Computers, peripherals, and smart home assistants, 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 | -21.80% |
| 1999 | $13.68 | -31.61% |
| 2000 | $10.50 | -23.22% |
| 2001 | $7.56 | -28.05% |
| 2002 | $5.67 | -24.97% |
| 2003 | $4.49 | -20.73% |
| 2004 | $3.91 | -13.07% |
| 2005 | $3.28 | -16.08% |
| 2006 | $2.77 | -15.60% |
| 2007 | $2.48 | -10.46% |
| 2008 | $2.17 | -12.42% |
| 2009 | $1.88 | -13.31% |
| 2010 | $1.75 | -7.20% |
| 2011 | $1.57 | -9.79% |
| 2012 | $1.42 | -9.53% |
| 2013 | $1.30 | -8.94% |
| 2014 | $1.20 | -7.33% |
| 2015 | $1.09 | -8.92% |
| 2016 | $1.02 | -7.26% |
| 2017 | $0.97 | -4.20% |
| 2018 | $0.93 | -4.03% |
| 2019 | $0.90 | -3.62% |
| 2020 | $0.88 | -2.72% |
| 2021 | $0.90 | 2.93% |
| 2022 | $0.89 | -1.02% |
| 2023 | $0.85 | -5.11% |
| 2024 | $0.82 | -3.02%* |
* 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 Computers, peripherals, and smart home assistants:
| 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 | 1119.000 | 875.023 | 598.454 | 459.515 | 330.608 | 248.069 | 196.654 | 170.954 | 143.462 | 121.077 | 108.409 | 94.944 | 82.304 | 76.377 | 68.901 | 62.334 | 56.759 | 52.597 | 47.905 | 44.428 | 42.564 | 40.849 | 39.371 | 38.300 | 39.422 | 39.022 | 37.029 | 35.911 |