Jewelry price inflation, 2020→2024

Jewelry Inflation Calculator

Prices for Jewelry, 2020-2024 ($100)

According to the U.S. Bureau of Labor Statistics, prices for jewelry are 18.63% higher in 2024 versus 2020 (a $18.63 difference in value).

Between 2020 and 2024: Jewelry experienced an average inflation rate of 4.36% per year. This rate of change indicates significant inflation. In other words, jewelry costing $100 in the year 2020 would cost $118.63 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.91% during this same period, inflation for jewelry was lower.

In the year 2020: Pricing changed by -3.22%, which is significantly below the average yearly change for jewelry during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for jewelry was much lower.

Price Inflation for Jewelry since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1990 (9.99%), 2011 (9.51%), and 1988 (8.65%).

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Buying power of $100.00 since 2020

Below are calculations of equivalent buying power for Jewelry, over time, for $100 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2020	$100.00	-3.22%
2021	$108.53	8.53%
2022	$111.22	2.48%
2023	$117.85	5.96%
2024	$118.63	0.66%*

* 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	198.094

Adjust jewelry prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2020 * 2020 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Jewelry was 166.982 in the year 2020 and 198.094 in 2024:

198.094 / 166.982 * $100 = $118.63

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2020 has the same "purchasing power" as $118.63 in 2024 (in the CPI category of Jewelry).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Jewelry in 1986. In addition to jewelry, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.