Laundry equipment priced at $500 in 1999 $476.06 in 2024

Laundry Equipment Inflation Calculator

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Prices for Laundry Equipment, 1999-2024 ($500)

According to the U.S. Bureau of Labor Statistics, prices for laundry equipment are 4.79% lower in 2024 versus 1999 (a $23.94 difference in value).

Between 1999 and 2024: Laundry equipment experienced an average inflation rate of -0.20% per year. In other words, laundry equipment costing $500 in the year 1999 would cost $476.06 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for laundry equipment was lower.

In the year 1999: Pricing changed by -1.72%, which is below the average yearly change for laundry equipment during the 1999-2024 time period. Compared to inflation for all items in 1999 (2.19%), inflation for laundry equipment was much lower.

Price Inflation for Laundry equipment since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2021 (19.29%), 2012 (8.54%), and 1980 (7.90%).

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Buying power of $500.00 since 1999

Below are calculations of equivalent buying power for Laundry equipment, over time, for $500 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$500.00-1.72%
2000$505.981.20%
2001$504.73-0.25%
2002$500.56-0.83%
2003$501.150.12%
2004$486.33-2.96%
2005$500.382.89%
2006$505.951.11%
2007$524.023.57%
2008$530.731.28%
2009$525.40-1.00%
2010$498.55-5.11%
2011$489.95-1.73%
2012$531.788.54%
2013$515.06-3.14%
2014$477.25-7.34%
2015$451.47-5.40%
2016$421.92-6.54%
2017$405.98-3.78%
2018$433.466.77%
2019$425.42-1.85%
2020$435.012.25%
2021$518.9219.29%
2022$540.534.16%
2023$503.21-6.90%
2024$476.06-5.39%*

* 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:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI70.40072.81577.62383.75489.76296.269100.600103.123103.992104.862104.123105.069105.938107.208106.154105.823106.677108.977109.592111.869113.062112.477110.538111.862111.585110.662110.792107.515110.623111.854115.848117.332116.154110.218108.316117.565113.869105.50999.80993.27789.75395.82894.05296.171114.721119.499111.248105.246

Adjust laundry equipment prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1999 * 1999 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Laundry equipment was 110.538 in the year 1999 and 105.246 in 2024:

105.246 / 110.538 * $500 = $476.06

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 1999 has the same "purchasing power" as $476.06 in 2024 (in the CPI category of Laundry equipment).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Laundry equipment in 1977. In addition to laundry equipment, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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