According to the U.S. Bureau of Labor Statistics, prices for other appliances are 3.04% lower in 2024 versus 2023 (a $0.61 difference in value).
Between 2023 and 2024: Other appliances experienced an average inflation rate of -3.04% per year. This rate of change indicates significant deflation. In other words, other appliances costing $20 in the year 2023 would cost $19.39 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for other appliances was significantly lower.
In the year 2023: Pricing changed by 4.16%, which is significantly above the average yearly change for other appliances during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for other appliances was higher.
Below are calculations of equivalent buying power for Other appliances, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2023 | $20.00 | 4.16% |
2024 | $19.39 | -3.04%* |
* 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 Other appliances:
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 | 2024 |
CPI | 100.000 | 101.185 | 97.392 | 94.908 | 91.454 | 87.308 | 83.531 | 79.462 | 77.885 | 77.300 | 76.766 | 75.315 | 77.291 | 73.438 | 72.798 | 71.698 | 70.575 | 69.063 | 67.684 | 66.238 | 65.257 | 65.263 | 66.814 | 68.186 | 70.689 | 73.787 | 76.857 | 74.522 |