According to the U.S. Bureau of Labor Statistics, prices for other video equipment are 15.04% lower in 2024 versus 2021 (a $3.01 difference in value).
Between 2021 and 2024: Other video equipment experienced an average inflation rate of -5.29% per year. This rate of change indicates significant deflation. In other words, other video equipment costing $20 in the year 2021 would cost $16.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.98% during this same period, inflation for other video equipment was significantly lower.
In the year 2021: Pricing changed by 1.60%, which is significantly above the average yearly change for other video equipment during the 2021-2024 time period. Compared to inflation for all items in 2021 (4.70%), 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 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2021 | $20.00 | 1.60% |
2022 | $18.96 | -5.18% |
2023 | $18.23 | -3.87% |
2024 | $16.99 | -6.79%* |
* 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 | 8.367 |