Jewelry priced at $100 in 2023 $101.13 in 2024

Jewelry Inflation Calculator

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Prices for Jewelry, 2023-2024 ($100)

According to the U.S. Bureau of Labor Statistics, prices for jewelry are 1.13% higher in 2024 versus 2023 (a $1.13 difference in value).

Between 2023 and 2024: Jewelry experienced an average inflation rate of 1.13% per year. In other words, jewelry costing $100 in the year 2023 would cost $101.13 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for jewelry was lower.

In the year 2023: Pricing changed by 5.96%, which is significantly above the average yearly change for jewelry during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for jewelry was higher.

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 2023

Below are calculations of equivalent buying power for Jewelry, over time, for $100 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2023$100.005.96%
2024$101.131.13%*

* 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:

Year198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000107.300116.577124.462136.900143.969150.569154.354158.577159.262155.315150.669147.662145.838141.238141.662138.077133.192133.554131.292134.754142.442153.770156.980161.239176.572178.231177.606170.583165.521175.836179.421175.034172.543166.982181.222185.719196.796199.020

Adjust jewelry prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Jewelry was 196.796 in the year 2023 and 199.020 in 2024:

199.020 / 196.796 * $100 = $101.13

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2023 has the same "purchasing power" as $101.13 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.

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