According to the U.S. Bureau of Labor Statistics, prices for music instruments and accessories were 0.26% lower in 2019 versus 2018 (a $0.05 difference in value).
Between 2018 and 2019: Music instruments and accessories experienced an average inflation rate of -0.26% per year. In other words, music instruments and accessories costing $20 in the year 2018 would cost $19.95 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for music instruments and accessories was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Music instruments and accessories:
Below are calculations of equivalent buying power for Music instruments and accessories, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|