According to the U.S. Bureau of Labor Statistics, prices for laundry equipment were 0.37% higher in 2020 versus 2019 (a $1.85 difference in value).
Between 2019 and 2020: Laundry equipment experienced an average inflation rate of 0.37% per year. In other words, laundry equipment costing $500 in the year 2019 would cost $501.85 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.11% during this same period, inflation for laundry equipment was lower.
In the year 2019: Pricing changed by -1.83%, which is below the average yearly change for laundry equipment during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for laundry equipment was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Laundry equipment:
Below are calculations of equivalent buying power for Laundry equipment, over time, for $500 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|