According to the U.S. Bureau of Labor Statistics, prices for miscellaneous household products are 36.80% higher in 2024 versus 1998 (a $7.36 difference in value).
Between 1998 and 2024: Miscellaneous household products experienced an average inflation rate of 1.21% per year. In other words, miscellaneous household products costing $20 in the year 1998 would cost $27.36 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for miscellaneous household products was lower.
In the year 1998: Pricing changed by 2.11%, which is above the average yearly change for miscellaneous household products during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for miscellaneous household products was higher.
Below are calculations of equivalent buying power for Miscellaneous household products, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | 2.11% |
1999 | $20.16 | 0.78% |
2000 | $20.44 | 1.39% |
2001 | $20.74 | 1.49% |
2002 | $21.04 | 1.42% |
2003 | $20.78 | -1.22% |
2004 | $20.62 | -0.78% |
2005 | $20.84 | 1.07% |
2006 | $21.74 | 4.35% |
2007 | $22.24 | 2.30% |
2008 | $22.78 | 2.40% |
2009 | $22.88 | 0.46% |
2010 | $22.90 | 0.09% |
2011 | $23.10 | 0.85% |
2012 | $23.65 | 2.40% |
2013 | $23.52 | -0.59% |
2014 | $23.46 | -0.24% |
2015 | $23.32 | -0.60% |
2016 | $23.02 | -1.30% |
2017 | $22.80 | -0.93% |
2018 | $23.18 | 1.65% |
2019 | $23.35 | 0.74% |
2020 | $23.71 | 1.51% |
2021 | $23.38 | -1.38% |
2022 | $25.65 | 9.73% |
2023 | $27.40 | 6.83% |
2024 | $27.36 | -0.16%* |
* 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 Miscellaneous household products:
Year | 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 | 100.000 | 102.108 | 102.908 | 104.338 | 105.892 | 107.400 | 106.092 | 105.269 | 106.392 | 111.015 | 113.567 | 116.295 | 116.834 | 116.935 | 117.932 | 120.767 | 120.059 | 119.770 | 119.049 | 117.501 | 116.414 | 118.338 | 119.219 | 121.025 | 119.349 | 130.966 | 139.908 | 139.686 |