Nonelectric cookware and tableware priced at $20 in 2018 $19.07 in 2021

Nonelectric Cookware And Tableware Inflation Calculator

$

Prices for Nonelectric Cookware And Tableware, 2018-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for nonelectric cookware and tableware were 4.67% lower in 2021 versus 2018 (a $0.93 difference in value).

Between 2018 and 2021: Nonelectric cookware and tableware experienced an average inflation rate of -1.58% per year. In other words, nonelectric cookware and tableware costing $20 in the year 2018 would cost $19.07 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for nonelectric cookware and tableware was significantly lower.

In the year 2018: Pricing changed by -2.84%, which is below the average yearly change for nonelectric cookware and tableware during the 2018-2021 time period. Compared to inflation for all items in 2018 (2.44%), inflation for nonelectric cookware and tableware was much 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: 2003 (-4.25%), 2014 (-3.97%), and 2020 (-3.18%).

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
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 79.944

View price changes for other categories
College tuition and fees · Women's apparel · Public transportation · Milk · More

Buying power of $20 since 2018

Below are calculations of equivalent buying power for Nonelectric cookware and tableware, 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
2018 $20.00 -2.84%
2019 $19.37 -3.16%
2020 $18.75 -3.18%
2021 $19.07 1.67%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for nonelectric cookware and tableware, 2018-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2018 * 2018 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Nonelectric cookware and tableware was 83.864 in the year 2018 and 79.944 in 2021:

79.944 / 83.864 * $20 = $19.07

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $19.07 in 2021 (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.

» Read more about inflation and investment.