According to the U.S. Bureau of Labor Statistics, prices for other video equipment were 29.21% lower in 2021 versus 2011 (a $5.84 difference in value).
Between 2011 and 2021: Other video equipment experienced an average inflation rate of -3.40% per year. This rate of change indicates significant deflation. In other words, other video equipment costing $20 in the year 2011 would cost $14.16 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.58% during this same period, inflation for other video equipment was significantly lower.
In the year 2011: Pricing changed by -12.69%, which is significantly below the average yearly change for other video equipment during the 2011-2021 time period. Compared to inflation for all items in 2011 (3.16%), 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 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|