According to the U.S. Bureau of Labor Statistics, prices for household paper products are 126.35% higher in 2024 versus 1998 (a $25.27 difference in value).
Between 1998 and 2024: Household paper products experienced an average inflation rate of 3.19% per year. This rate of change indicates significant inflation. In other words, household paper products costing $20 in the year 1998 would cost $45.27 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for household paper products was higher.
In the year 1998: Pricing changed by 2.72%, which is below the average yearly change for household paper products during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for household paper products was higher.
Below are calculations of equivalent buying power for Household paper products, 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 | 2.72% |
1999 | $20.53 | 2.67% |
2000 | $22.16 | 7.93% |
2001 | $23.11 | 4.26% |
2002 | $23.21 | 0.44% |
2003 | $22.83 | -1.65% |
2004 | $23.52 | 3.02% |
2005 | $24.41 | 3.81% |
2006 | $25.70 | 5.26% |
2007 | $26.39 | 2.71% |
2008 | $28.59 | 8.33% |
2009 | $30.39 | 6.28% |
2010 | $30.77 | 1.25% |
2011 | $31.49 | 2.35% |
2012 | $32.68 | 3.78% |
2013 | $33.16 | 1.45% |
2014 | $33.15 | 0.00% |
2015 | $32.94 | -0.65% |
2016 | $32.94 | 0.00% |
2017 | $32.85 | -0.28% |
2018 | $33.02 | 0.53% |
2019 | $34.17 | 3.48% |
2020 | $36.17 | 5.84% |
2021 | $37.77 | 4.43% |
2022 | $41.57 | 10.06% |
2023 | $45.06 | 8.40% |
2024 | $45.27 | 0.46%* |
* 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 Household paper products:
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 | 100.000 | 102.715 | 105.462 | 113.823 | 118.677 | 119.200 | 117.238 | 120.785 | 125.385 | 131.977 | 135.555 | 146.845 | 156.070 | 158.023 | 161.732 | 167.842 | 170.277 | 170.275 | 169.170 | 169.173 | 168.701 | 169.600 | 175.507 | 185.762 | 193.985 | 213.499 | 231.438 | 232.494 |