Dishes and flatware priced at $20 in 2019 $20.08 in 2020

Dishes And Flatware Inflation Calculator


Prices for Dishes And Flatware, 2019-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for dishes and flatware were 0.41% higher in 2020 versus 2019 (a $0.08 difference in value).

Between 2019 and 2020: Dishes and flatware experienced an average inflation rate of 0.41% per year. In other words, dishes and flatware costing $20 in the year 2019 would cost $20.08 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.03% during this same period, inflation for dishes and flatware was lower.

In the year 2019: Pricing changed by -1.19%, which is below the average yearly change for dishes and flatware during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for dishes and flatware was lower.

Price Inflation for Dishes and flatware since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2019 (-1.19%), and 2020 (0.41%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dishes and flatware:

Year 2018 2019 2020
CPI 48.611 48.034 48.231

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Buying power of $20 since 2019

Below are calculations of equivalent buying power for Dishes and flatware, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2019 $20.00 -1.19%
2020 $20.08 0.41%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for dishes and flatware, 2019-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2019 * 2019 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Dishes and flatware was 48.034 in the year 2019 and 48.231 in 2020:

48.231 / 48.034 * $20 = $20.08

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2019 has the same "purchasing power" as $20.08 in 2020 (in the CPI category of Dishes and flatware).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dishes and flatware in 2018. In addition to dishes and flatware, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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