Computers, peripherals, and smart home assistants priced at $20 in 2001 $2.21 in 2024

Computers, Peripherals, And Smart Home Assistants Inflation Calculator

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Prices for Computers, Peripherals, And Smart Home Assistants, 2001-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for computers, peripherals, and smart home assistants are 88.94% lower in 2024 versus 2001 (a $17.79 difference in value).

Between 2001 and 2024: Computers, peripherals, and smart home assistants experienced an average inflation rate of -9.13% per year. This rate of change indicates significant deflation. In other words, computers, peripherals, and smart home assistants costing $20 in the year 2001 would cost $2.21 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.47% during this same period, inflation for computers, peripherals, and smart home assistants was significantly lower.

In the year 2001: Pricing changed by -28.05%, which is significantly below the average yearly change for computers, peripherals, and smart home assistants during the 2001-2024 time period. Compared to inflation for all items in 2001 (2.83%), inflation for computers, peripherals, and smart home assistants was much lower.

Price Inflation for Computers, peripherals, and smart home assistants since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1999 (-31.61%), 2001 (-28.05%), and 2002 (-24.97%).

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Buying power of $20.00 since 2001

Below are calculations of equivalent buying power for Computers, peripherals, and smart home assistants, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$20.00-28.05%
2002$15.01-24.97%
2003$11.90-20.73%
2004$10.34-13.07%
2005$8.68-16.08%
2006$7.32-15.60%
2007$6.56-10.46%
2008$5.74-12.42%
2009$4.98-13.31%
2010$4.62-7.20%
2011$4.17-9.79%
2012$3.77-9.53%
2013$3.43-8.94%
2014$3.18-7.33%
2015$2.90-8.92%
2016$2.69-7.26%
2017$2.57-4.20%
2018$2.47-4.03%
2019$2.38-3.62%
2020$2.32-2.72%
2021$2.382.93%
2022$2.36-1.02%
2023$2.24-5.11%
2024$2.21-1.28%*

* 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:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI1119.000875.023598.454459.515330.608248.069196.654170.954143.462121.077108.40994.94482.30476.37768.90162.33456.75952.59747.90544.42842.56440.84939.37138.30039.42239.02237.02936.555

Adjust computers, peripherals, and smart home assistants prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2001 * 2001 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Computers, peripherals, and smart home assistants was 330.608 in the year 2001 and 36.555 in 2024:

36.555 / 330.608 * $20 = $2.21

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $2.21 in 2024 (in the CPI category of Computers, peripherals, and smart home assistants).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Computers, peripherals, and smart home assistants in 1997. In addition to computers, peripherals, and smart home assistants, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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