Nonelectric cookware and tableware price inflation, 1997→2023

Nonelectric Cookware And Tableware Inflation Calculator

Prices for Nonelectric Cookware And Tableware, 1997-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for nonelectric cookware and tableware are 16.03% lower in 2023 versus 1997 (a $3.21 difference in value).

Between 1997 and 2023: Nonelectric cookware and tableware experienced an average inflation rate of -0.67% per year. In other words, nonelectric cookware and tableware costing $20 in the year 1997 would cost $16.79 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for nonelectric cookware and tableware was significantly lower.

Price Inflation for Nonelectric cookware and tableware since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2022 (5.09%), 2003 (-4.25%), and 2014 (-3.97%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Nonelectric cookware and tableware, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1997	$20.00	-
1998	$19.99	-0.07%
1999	$19.59	-1.99%
2000	$19.68	0.46%
2001	$19.40	-1.38%
2002	$18.91	-2.53%
2003	$18.11	-4.25%
2004	$18.14	0.17%
2005	$18.27	0.69%
2006	$18.22	-0.28%
2007	$18.63	2.27%
2008	$19.18	2.96%
2009	$19.43	1.28%
2010	$19.32	-0.54%
2011	$19.58	1.32%
2012	$19.53	-0.23%
2013	$19.43	-0.50%
2014	$18.66	-3.97%
2015	$18.08	-3.12%
2016	$17.73	-1.93%
2017	$17.26	-2.65%
2018	$16.77	-2.84%
2019	$16.24	-3.16%
2020	$15.73	-3.18%
2021	$16.20	3.00%
2022	$17.02	5.09%
2023	$16.79	-1.34%*

* 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 Nonelectric cookware and tableware:

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
CPI	100.000	99.931	97.938	98.385	97.023	94.569	90.554	90.708	91.331	91.077	93.148	95.906	97.137	96.608	97.887	97.660	97.174	93.317	90.407	88.666	86.319	83.864	81.213	78.633	80.988	85.112	83.972

Adjust nonelectric cookware and tableware prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1997 * 1997 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Nonelectric cookware and tableware was 100.000 in the year 1997 and 83.972 in 2023:

83.972 / 100.000 * $20 = $16.79

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $16.79 in 2023 (in the CPI category of Nonelectric cookware and tableware).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Nonelectric cookware and tableware in 1997. In addition to nonelectric cookware and tableware, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.