According to the U.S. Bureau of Labor Statistics, prices for photography are 12.73% lower in 2024 versus 2000 (a $2.55 difference in value).
Between 2000 and 2024: Photography experienced an average inflation rate of -0.57% per year. In other words, photography costing $20 in the year 2000 would cost $17.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for photography was significantly lower.
In the year 2000: Pricing changed by -0.24%, which is above the average yearly change for photography during the 2000-2024 time period. Compared to inflation for all items in 2000 (3.38%), inflation for photography was much lower.
Below are calculations of equivalent buying power for Photography, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $20.00 | -0.24% |
2001 | $19.96 | -0.19% |
2002 | $19.74 | -1.13% |
2003 | $19.35 | -1.97% |
2004 | $18.73 | -3.19% |
2005 | $18.23 | -2.69% |
2006 | $17.56 | -3.68% |
2007 | $16.65 | -5.14% |
2008 | $16.30 | -2.13% |
2009 | $16.33 | 0.21% |
2010 | $16.04 | -1.79% |
2011 | $16.04 | -0.01% |
2012 | $15.95 | -0.53% |
2013 | $15.58 | -2.35% |
2014 | $15.60 | 0.15% |
2015 | $15.17 | -2.78% |
2016 | $15.17 | 0.01% |
2017 | $15.32 | 0.98% |
2018 | $14.96 | -2.34% |
2019 | $14.83 | -0.89% |
2020 | $15.23 | 2.72% |
2021 | $15.57 | 2.26% |
2022 | $16.28 | 4.54% |
2023 | $17.17 | 5.44% |
2024 | $17.45 | 1.68%* |
* 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 Photography:
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 | 100.015 | 99.431 | 99.192 | 99.008 | 97.892 | 95.962 | 92.900 | 90.400 | 87.069 | 82.590 | 80.834 | 81.004 | 79.553 | 79.542 | 79.120 | 77.257 | 77.374 | 75.226 | 75.233 | 75.969 | 74.194 | 73.535 | 75.534 | 77.239 | 80.748 | 85.141 | 86.568 |