According to the U.S. Bureau of Labor Statistics, prices for other video equipment are 81.93% lower in 2024 versus 2002 (a $16.39 difference in value).
Between 2002 and 2024: Other video equipment experienced an average inflation rate of -7.48% per year. This rate of change indicates significant deflation. In other words, other video equipment costing $20 in the year 2002 would cost $3.61 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for other video equipment was significantly lower.
In the year 2002: Pricing changed by -12.70%, which is significantly below the average yearly change for other video equipment during the 2002-2024 time period. Compared to inflation for all items in 2002 (1.59%), inflation for other video equipment was much lower.
Below are calculations of equivalent buying power for Other video equipment, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2002 | $20.00 | -12.70% |
2003 | $17.10 | -14.52% |
2004 | $15.06 | -11.89% |
2005 | $13.29 | -11.78% |
2006 | $11.56 | -13.05% |
2007 | $10.16 | -12.11% |
2008 | $8.81 | -13.30% |
2009 | $7.86 | -10.71% |
2010 | $6.90 | -12.24% |
2011 | $6.02 | -12.69% |
2012 | $5.31 | -11.85% |
2013 | $4.87 | -8.37% |
2014 | $4.79 | -1.53% |
2015 | $4.60 | -4.09% |
2016 | $4.43 | -3.51% |
2017 | $4.27 | -3.59% |
2018 | $4.15 | -2.89% |
2019 | $4.15 | -0.10% |
2020 | $4.17 | 0.59% |
2021 | $4.24 | 1.60% |
2022 | $4.02 | -5.18% |
2023 | $3.86 | -3.87% |
2024 | $3.61 | -6.42%* |
* 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:
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 | 92.969 | 78.800 | 64.900 | 53.238 | 46.477 | 39.731 | 35.008 | 30.885 | 26.854 | 23.602 | 20.462 | 18.270 | 16.033 | 13.998 | 12.339 | 11.307 | 11.134 | 10.678 | 10.303 | 9.933 | 9.646 | 9.636 | 9.693 | 9.848 | 9.338 | 8.977 | 8.400 |