Information and information processing priced at $20 in 2017 $19.59 in 2020

Information And Information Processing Inflation Calculator

$

Prices for Information And Information Processing, 2017-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for information and information processing were 2.03% lower in 2020 versus 2017 (a $0.41 difference in value).

Between 2017 and 2020: Information and information processing experienced an average inflation rate of -0.68% per year. In other words, information and information processing costing $20 in the year 2017 would cost $19.59 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.66% during this same period, inflation for information and information processing was lower.

In the year 2017: Pricing changed by -5.64%, which is significantly below the average yearly change for information and information processing during the 2017-2020 time period. Compared to inflation for all items in 2017 (2.13%), inflation for information and information processing was much lower.

Price Inflation for Information and information processing since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2017 (-5.64%), 2004 (-3.61%), and 2003 (-3.31%).

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
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 69.704

View price changes for other categories
Jewelry · Parking fees and tolls · Milk · Frankfurters · More

Buying power of $20 since 2017

Below are calculations of equivalent buying power for Information and information processing, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2017 $20.00 -5.64%
2018 $19.67 -1.66%
2019 $19.45 -1.11%
2020 $19.59 0.74%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for information and information processing, 2017-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2017 * 2017 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Information and information processing was 71.148 in the year 2017 and 69.704 in 2020:

69.704 / 71.148 * $20 = $19.59

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2017 has the same "purchasing power" as $19.59 in 2020 (in the CPI category of Information and information processing).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Information and information processing in 1993. In addition to information and information processing, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.