According to the U.S. Bureau of Labor Statistics, prices for miscellaneous household products are 6.66% higher in 2024 versus 2022 (a $1.33 difference in value).
Between 2022 and 2024: Miscellaneous household products experienced an average inflation rate of 3.28% per year. This rate of change indicates significant inflation. In other words, miscellaneous household products costing $20 in the year 2022 would cost $21.33 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.50% during this same period, inflation for miscellaneous household products was lower.
In the year 2022: Pricing changed by 9.73%, which is significantly above the average yearly change for miscellaneous household products during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for miscellaneous household products was higher.
Below are calculations of equivalent buying power for Miscellaneous household products, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2022 | $20.00 | 9.73% |
2023 | $21.37 | 6.83% |
2024 | $21.33 | -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 |