According to the U.S. Bureau of Labor Statistics, prices for jewelry were 2.41% lower in 2020 versus 2014 (a $2.41 difference in value).
Between 2014 and 2020: Jewelry experienced an average inflation rate of -0.41% per year. In other words, jewelry costing $100 in the year 2014 would cost $97.59 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.41% during this same period, inflation for jewelry was lower.
In the year 2014: Pricing changed by -3.95%, which is significantly below the average yearly change for jewelry during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for jewelry was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Jewelry:
Below are calculations of equivalent buying power for Jewelry, over time, for $100 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|