According to the U.S. Bureau of Labor Statistics, prices for computers, peripherals, and smart home assistants are 18.80% lower in 2024 versus 2016 (a $3.76 difference in value).
Between 2016 and 2024: Computers, peripherals, and smart home assistants experienced an average inflation rate of -2.57% per year. This rate of change indicates significant deflation. In other words, computers, peripherals, and smart home assistants costing $20 in the year 2016 would cost $16.24 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for computers, peripherals, and smart home assistants was significantly lower.
In the year 2016: Pricing changed by -7.26%, which is significantly below the average yearly change for computers, peripherals, and smart home assistants during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), 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 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2016 | $20.00 | -7.26% |
2017 | $19.16 | -4.20% |
2018 | $18.39 | -4.03% |
2019 | $17.72 | -3.62% |
2020 | $17.24 | -2.72% |
2021 | $17.75 | 2.93% |
2022 | $17.57 | -1.02% |
2023 | $16.67 | -5.11% |
2024 | $16.24 | -2.57%* |
* 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 | 36.076 |