According to the U.S. Bureau of Labor Statistics, prices for information and information processing are 22.75% lower in 2024 versus 2002 (a $4.55 difference in value).
Between 2002 and 2024: Information and information processing experienced an average inflation rate of -1.17% per year. In other words, information and information processing costing $20 in the year 2002 would cost $15.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for information and information processing was significantly lower.
In the year 2002: Pricing changed by -1.60%, which is below the average yearly change for information and information processing during the 2002-2024 time period. Compared to inflation for all items in 2002 (1.59%), inflation for information and information processing was much lower.
Below are calculations of equivalent buying power for Information and information processing, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2002 | $20.00 | -1.60% |
| 2003 | $19.34 | -3.31% |
| 2004 | $18.64 | -3.61% |
| 2005 | $18.18 | -2.45% |
| 2006 | $17.99 | -1.09% |
| 2007 | $17.78 | -1.15% |
| 2008 | $17.92 | 0.78% |
| 2009 | $18.05 | 0.73% |
| 2010 | $17.95 | -0.53% |
| 2011 | $17.61 | -1.90% |
| 2012 | $17.52 | -0.52% |
| 2013 | $17.38 | -0.83% |
| 2014 | $17.23 | -0.85% |
| 2015 | $16.82 | -2.36% |
| 2016 | $16.61 | -1.28% |
| 2017 | $15.67 | -5.64% |
| 2018 | $15.41 | -1.66% |
| 2019 | $15.24 | -1.11% |
| 2020 | $15.50 | 1.72% |
| 2021 | $15.77 | 1.77% |
| 2022 | $15.67 | -0.69% |
| 2023 | $15.58 | -0.58% |
| 2024 | $15.45 | -0.81%* |
* 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 Information and information processing:
| Year | 1993 | 1994 | 1995 | 1996 | 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 | 97.685 | 98.592 | 98.669 | 99.523 | 100.354 | 98.523 | 95.454 | 92.823 | 92.285 | 90.808 | 87.800 | 84.631 | 82.562 | 81.662 | 80.720 | 81.352 | 81.944 | 81.513 | 79.964 | 79.549 | 78.891 | 78.219 | 76.373 | 75.398 | 71.148 | 69.968 | 69.190 | 70.380 | 71.623 | 71.132 | 70.722 | 70.150 |