Computers, peripherals, and smart home assistants priced at $20 in 2016 $16.49 in 2024

Computers, Peripherals, And Smart Home Assistants Inflation Calculator

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Prices for Computers, Peripherals, And Smart Home Assistants, 2016-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for computers, peripherals, and smart home assistants are 17.55% lower in 2024 versus 2016 (a $3.51 difference in value).

Between 2016 and 2024: Computers, peripherals, and smart home assistants experienced an average inflation rate of -2.38% 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 $16.49 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.30% 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.

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 2016

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:

YearUSD ValueInflation 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$17.752.93%
2022$17.57-1.02%
2023$16.67-5.11%
2024$16.49-1.07%*

* 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
CPI1119.000875.023598.454459.515330.608248.069196.654170.954143.462121.077108.40994.94482.30476.37768.90162.33456.75952.59747.90544.42842.56440.84939.37138.30039.42239.02237.02936.632

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

Start with the inflation rate formula:

CPI in 2024 / CPI in 2016 * 2016 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Computers, peripherals, and smart home assistants was 44.428 in the year 2016 and 36.632 in 2024:

36.632 / 44.428 * $20 = $16.49

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $16.49 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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