Purchase, subscription, and rental of video priced at $20 in 1997 $14.83 in 2024

Purchase, Subscription, And Rental Of Video Inflation Calculator

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Prices for Purchase, Subscription, And Rental Of Video, 1997-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for purchase, subscription, and rental of video are 25.84% lower in 2024 versus 1997 (a $5.17 difference in value).

Between 1997 and 2024: Purchase, subscription, and rental of video experienced an average inflation rate of -1.10% per year. In other words, purchase, subscription, and rental of video costing $20 in the year 1997 would cost $14.83 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.47% during this same period, inflation for purchase, subscription, and rental of video was significantly lower.

Price Inflation for Purchase, subscription, and rental of video since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2020 (-7.04%), 2014 (-5.06%), and 2023 (4.85%).

View price changes for other categories
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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Purchase, subscription, and rental of video, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$20.00-
1998$19.24-3.78%
1999$18.42-4.26%
2000$17.71-3.86%
2001$17.00-4.05%
2002$16.36-3.72%
2003$15.67-4.27%
2004$15.52-0.96%
2005$15.33-1.19%
2006$15.33-0.03%
2007$15.22-0.68%
2008$15.501.83%
2009$15.550.30%
2010$15.24-1.97%
2011$15.692.96%
2012$15.901.33%
2013$15.44-2.93%
2014$14.65-5.06%
2015$14.56-0.62%
2016$14.690.87%
2017$14.27-2.86%
2018$14.592.23%
2019$14.902.15%
2020$13.85-7.04%
2021$13.29-4.03%
2022$13.703.04%
2023$14.364.85%
2024$14.833.26%*

* 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 Purchase, subscription, and rental of video:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.00096.22392.12388.56984.98581.82378.33177.57776.65476.63176.11277.50877.73876.20378.45779.50477.17673.26772.80973.44571.34572.93974.50669.26366.47468.49471.81874.158

Adjust purchase, subscription, and rental of video prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Purchase, subscription, and rental of video was 100.000 in the year 1997 and 74.158 in 2024:

74.158 / 100.000 * $20 = $14.83

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $14.83 in 2024 (in the CPI category of Purchase, subscription, and rental of video).


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

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