Nonelectric cookware and tableware priced at $20 in 2016 $17.70 in 2020

Nonelectric Cookware And Tableware Inflation Calculator

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Prices for Nonelectric Cookware And Tableware, 2016-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for nonelectric cookware and tableware were 11.51% lower in 2020 versus 2016 (a $2.30 difference in value).

Between 2016 and 2020: Nonelectric cookware and tableware experienced an average inflation rate of -3.01% per year. This rate of change indicates significant deflation. In other words, nonelectric cookware and tableware costing $20 in the year 2016 would cost $17.70 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.83% during this same period, inflation for nonelectric cookware and tableware was significantly lower.

In the year 2016: Pricing changed by -1.91%, which is above the average yearly change for nonelectric cookware and tableware during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for nonelectric cookware and tableware was much lower.

Price Inflation for Nonelectric cookware and tableware since 2003

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2014 (-3.96%), 2020 (-3.36%), and 2019 (-3.18%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nonelectric cookware and tableware:

Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 90.533 90.708 91.350 91.100 93.162 95.904 97.135 96.600 97.880 97.657 97.165 93.322 90.426 88.698 86.348 83.884 81.218 78.487

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Buying power of $20 since 2016

Below are calculations of equivalent buying power for Nonelectric cookware and tableware, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2016 $20.00 -1.91%
2017 $19.47 -2.65%
2018 $18.91 -2.85%
2019 $18.31 -3.18%
2020 $17.70 -3.36%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for nonelectric cookware and tableware, 2016-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2016 * 2016 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Nonelectric cookware and tableware was 88.698 in the year 2016 and 78.487 in 2020:

78.487 / 88.698 * $20 = $17.70

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $17.70 in 2020 (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 2003. 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.

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