According to the U.S. Bureau of Labor Statistics, prices for nonelectric cookware and tableware were 19.22% lower in 2020 versus 2013 (a $3.84 difference in value).
Between 2013 and 2020: Nonelectric cookware and tableware experienced an average inflation rate of -3% per year. This rate of change indicates significant deflation. In other words, nonelectric cookware and tableware costing $20 in the year 2013 would cost $16.16 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.47% during this same period, inflation for nonelectric cookware and tableware was significantly lower.
In the year 2013: Pricing changed by -0.50%, which is above the average yearly change for nonelectric cookware and tableware during the 2013-2020 time period. Compared to inflation for all items in 2013 (1.46%), inflation for nonelectric cookware and tableware was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nonelectric cookware and tableware:
Below are calculations of equivalent buying power for Nonelectric cookware and tableware, over time, for $20 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|