According to the U.S. Bureau of Labor Statistics, prices for jewelry are 34.78% higher in 2024 versus 1998 (a $34.78 difference in value).
Between 1998 and 2024: Jewelry experienced an average inflation rate of 1.15% per year. In other words, jewelry costing $100 in the year 1998 would cost $134.78 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for jewelry was lower.
In the year 1998: Pricing changed by -2%, which is significantly below the average yearly change for jewelry during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for jewelry was much lower.
Below are calculations of equivalent buying power for Jewelry, over time, for $100 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 | $100.00 | -2.00% |
| 1999 | $98.77 | -1.23% |
| 2000 | $95.65 | -3.15% |
| 2001 | $95.94 | 0.30% |
| 2002 | $93.51 | -2.53% |
| 2003 | $90.20 | -3.54% |
| 2004 | $90.45 | 0.27% |
| 2005 | $88.91 | -1.69% |
| 2006 | $91.26 | 2.64% |
| 2007 | $96.47 | 5.71% |
| 2008 | $104.14 | 7.95% |
| 2009 | $106.31 | 2.09% |
| 2010 | $109.19 | 2.71% |
| 2011 | $119.58 | 9.51% |
| 2012 | $120.70 | 0.94% |
| 2013 | $120.28 | -0.35% |
| 2014 | $115.52 | -3.95% |
| 2015 | $112.09 | -2.97% |
| 2016 | $119.08 | 6.23% |
| 2017 | $121.51 | 2.04% |
| 2018 | $118.54 | -2.45% |
| 2019 | $116.85 | -1.42% |
| 2020 | $113.08 | -3.22% |
| 2021 | $122.73 | 8.53% |
| 2022 | $125.77 | 2.48% |
| 2023 | $133.27 | 5.96% |
| 2024 | $134.78 | 1.13%* |
* 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 Jewelry:
| Year | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 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 | 100.000 | 107.300 | 116.577 | 124.462 | 136.900 | 143.969 | 150.569 | 154.354 | 158.577 | 159.262 | 155.315 | 150.669 | 147.662 | 145.838 | 141.238 | 141.662 | 138.077 | 133.192 | 133.554 | 131.292 | 134.754 | 142.442 | 153.770 | 156.980 | 161.239 | 176.572 | 178.231 | 177.606 | 170.583 | 165.521 | 175.836 | 179.421 | 175.034 | 172.543 | 166.982 | 181.222 | 185.719 | 196.796 | 199.020 |