Outdoor equipment and supplies priced at $20 in 2021 $24.19 in 2023

Outdoor Equipment And Supplies Inflation Calculator


Prices for Outdoor Equipment And Supplies, 2021-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for outdoor equipment and supplies are 20.95% higher in 2023 versus 2021 (a $4.19 difference in value).

Between 2021 and 2023: Outdoor equipment and supplies experienced an average inflation rate of 9.98% per year. This rate of change indicates significant inflation. In other words, outdoor equipment and supplies costing $20 in the year 2021 would cost $24.19 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 5.81% during this same period, inflation for outdoor equipment and supplies was significantly higher.

In the year 2021: Pricing changed by 3.18%, which is significantly below the average yearly change for outdoor equipment and supplies during the 2021-2023 time period. Compared to inflation for all items in 2021 (4.70%), inflation for outdoor equipment and supplies was lower.

Price Inflation for Outdoor equipment and supplies since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (11.03%), 2023 (8.93%), and 2000 (-3.36%).

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Buying power of $20.00 since 2021

Below are calculations of equivalent buying power for Outdoor equipment and supplies, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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 Outdoor equipment and supplies:


Adjust outdoor equipment and supplies prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2021 * 2021 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Outdoor equipment and supplies was 91.788 in the year 2021 and 111.016 in 2023:

111.016 / 91.788 * $20 = $24.19

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $24.19 in 2023 (in the CPI category of Outdoor equipment and supplies).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Outdoor equipment and supplies in 1997. In addition to outdoor equipment and supplies, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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