According to the U.S. Bureau of Labor Statistics, prices for laundry equipment are 1.65% higher in 2022 versus 2012 (a $8.23 difference in value).
Between 2012 and 2022: Laundry equipment experienced an average inflation rate of 0.16% per year. In other words, laundry equipment costing $500 in the year 2012 would cost $508.23 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for laundry equipment was lower.
In the year 2012: Pricing changed by 8.54%, which is significantly above the average yearly change for laundry equipment during the 2012-2022 time period. Compared to inflation for all items in 2012 (2.07%), inflation for laundry equipment was much higher.
Below are calculations of equivalent buying power for Laundry equipment, over time, for $500 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
* 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: