Other video equipment priced at $20 in 1997 $1.81 in 2023

Other Video Equipment Inflation Calculator

$

Prices for Other Video Equipment, 1997-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other video equipment are 90.93% lower in 2023 versus 1997 (a $18.19 difference in value).

Between 1997 and 2023: Other video equipment experienced an average inflation rate of -8.82% per year. This rate of change indicates significant deflation. In other words, other video equipment costing $20 in the year 1997 would cost $1.81 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for other video equipment was significantly lower.

Price Inflation for Other video equipment since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2001 (-17.97%), 2000 (-17.64%), and 1999 (-15.24%).

View price changes for other categories
Educational books and supplies · Admission to sporting events · Phoenix, Arizona · Medical care · More

Buying power of $20.00 since 1997

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

YearUSD ValueInflation Rate
1997$20.00-
1998$18.59-7.03%
1999$15.76-15.24%
2000$12.98-17.64%
2001$10.65-17.97%
2002$9.30-12.70%
2003$7.95-14.52%
2004$7.00-11.89%
2005$6.18-11.78%
2006$5.37-13.05%
2007$4.72-12.11%
2008$4.09-13.30%
2009$3.65-10.71%
2010$3.21-12.24%
2011$2.80-12.69%
2012$2.47-11.85%
2013$2.26-8.37%
2014$2.23-1.53%
2015$2.14-4.09%
2016$2.06-3.51%
2017$1.99-3.59%
2018$1.93-2.89%
2019$1.93-0.10%
2020$1.940.59%
2021$1.971.60%
2022$1.87-5.18%
2023$1.81-2.85%*

* 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 video equipment:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.00092.96978.80064.90053.23846.47739.73135.00830.88526.85423.60220.46218.27016.03313.99812.33911.30711.13410.67810.3039.9339.6469.6369.6939.8489.3389.072

Adjust other video equipment 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 Other video equipment was 100.000 in the year 1997 and 9.072 in 2023:

9.072 / 100.000 * $20 = $1.81

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $1.81 in 2023 (in the CPI category of Other video equipment).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other video equipment in 1997. In addition to other video equipment, 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.