According to the U.S. Bureau of Labor Statistics, prices for other video equipment were 40.10% lower in 2020 versus 2010 (a $8.02 difference in value).
Between 2010 and 2020: Other video equipment experienced an average inflation rate of -5% per year. This rate of change indicates significant deflation. In other words, other video equipment costing $20 in the year 2010 would cost $11.98 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.69% during this same period, inflation for other video equipment was significantly lower.
In the year 2010: Pricing changed by -12.24%, which is significantly below the average yearly change for other video equipment during the 2010-2020 time period. Compared to inflation for all items in 2010 (1.64%), inflation for other video equipment was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other video equipment:
Below are calculations of equivalent buying power for Other video equipment, over time, for $20 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|