According to the U.S. Bureau of Labor Statistics, prices for laundry equipment are 44.54% higher in 2024 versus 1978 (a $222.69 difference in value).
Between 1978 and 2024: Laundry equipment experienced an average inflation rate of 0.80% per year. In other words, laundry equipment costing $500 in the year 1978 would cost $722.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for laundry equipment was lower.
In the year 1978: Pricing changed by 3.43%, which is above the average yearly change for laundry equipment during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), inflation for laundry equipment was much lower.
Below are calculations of equivalent buying power for Laundry equipment, over time, for $500 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1978 | $500.00 | 3.43% |
1979 | $533.01 | 6.60% |
1980 | $575.11 | 7.90% |
1981 | $616.36 | 7.17% |
1982 | $661.05 | 7.25% |
1983 | $690.79 | 4.50% |
1984 | $708.11 | 2.51% |
1985 | $714.08 | 0.84% |
1986 | $720.05 | 0.84% |
1987 | $714.98 | -0.70% |
1988 | $721.48 | 0.91% |
1989 | $727.45 | 0.83% |
1990 | $736.16 | 1.20% |
1991 | $728.92 | -0.98% |
1992 | $726.65 | -0.31% |
1993 | $732.52 | 0.81% |
1994 | $748.31 | 2.16% |
1995 | $752.54 | 0.56% |
1996 | $768.17 | 2.08% |
1997 | $776.36 | 1.07% |
1998 | $772.34 | -0.52% |
1999 | $759.03 | -1.72% |
2000 | $768.12 | 1.20% |
2001 | $766.22 | -0.25% |
2002 | $759.88 | -0.83% |
2003 | $760.78 | 0.12% |
2004 | $738.27 | -2.96% |
2005 | $759.61 | 2.89% |
2006 | $768.06 | 1.11% |
2007 | $795.49 | 3.57% |
2008 | $805.68 | 1.28% |
2009 | $797.59 | -1.00% |
2010 | $756.83 | -5.11% |
2011 | $743.77 | -1.73% |
2012 | $807.28 | 8.54% |
2013 | $781.90 | -3.14% |
2014 | $724.50 | -7.34% |
2015 | $685.36 | -5.40% |
2016 | $640.50 | -6.54% |
2017 | $616.30 | -3.78% |
2018 | $658.02 | 6.77% |
2019 | $645.82 | -1.85% |
2020 | $660.38 | 2.25% |
2021 | $787.75 | 19.29% |
2022 | $820.56 | 4.16% |
2023 | $763.90 | -6.90% |
2024 | $722.69 | -5.39%* |
* 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 Laundry equipment:
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 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 | 70.400 | 72.815 | 77.623 | 83.754 | 89.762 | 96.269 | 100.600 | 103.123 | 103.992 | 104.862 | 104.123 | 105.069 | 105.938 | 107.208 | 106.154 | 105.823 | 106.677 | 108.977 | 109.592 | 111.869 | 113.062 | 112.477 | 110.538 | 111.862 | 111.585 | 110.662 | 110.792 | 107.515 | 110.623 | 111.854 | 115.848 | 117.332 | 116.154 | 110.218 | 108.316 | 117.565 | 113.869 | 105.509 | 99.809 | 93.277 | 89.753 | 95.828 | 94.052 | 96.171 | 114.721 | 119.499 | 111.248 | 105.246 |