According to the U.S. Bureau of Labor Statistics, prices for purchase, subscription, and rental of video are 21.05% lower in 2024 versus 1998 (a $4.21 difference in value).
Between 1998 and 2024: Purchase, subscription, and rental of video experienced an average inflation rate of -0.90% per year. In other words, purchase, subscription, and rental of video costing $20 in the year 1998 would cost $15.79 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for purchase, subscription, and rental of video was significantly lower.
In the year 1998: Pricing changed by -3.78%, which is below the average yearly change for purchase, subscription, and rental of video during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for purchase, subscription, and rental of video was much lower.
Below are calculations of equivalent buying power for Purchase, subscription, and rental of video, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | -3.78% |
1999 | $19.15 | -4.26% |
2000 | $18.41 | -3.86% |
2001 | $17.66 | -4.05% |
2002 | $17.01 | -3.72% |
2003 | $16.28 | -4.27% |
2004 | $16.12 | -0.96% |
2005 | $15.93 | -1.19% |
2006 | $15.93 | -0.03% |
2007 | $15.82 | -0.68% |
2008 | $16.11 | 1.83% |
2009 | $16.16 | 0.30% |
2010 | $15.84 | -1.97% |
2011 | $16.31 | 2.96% |
2012 | $16.52 | 1.33% |
2013 | $16.04 | -2.93% |
2014 | $15.23 | -5.06% |
2015 | $15.13 | -0.62% |
2016 | $15.27 | 0.87% |
2017 | $14.83 | -2.86% |
2018 | $15.16 | 2.23% |
2019 | $15.49 | 2.15% |
2020 | $14.40 | -7.04% |
2021 | $13.82 | -4.03% |
2022 | $14.24 | 3.04% |
2023 | $14.93 | 4.85% |
2024 | $15.79 | 5.78%* |
* 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:
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 | 96.223 | 92.123 | 88.569 | 84.985 | 81.823 | 78.331 | 77.577 | 76.654 | 76.631 | 76.112 | 77.508 | 77.738 | 76.203 | 78.457 | 79.504 | 77.176 | 73.267 | 72.809 | 73.445 | 71.345 | 72.939 | 74.506 | 69.263 | 66.474 | 68.494 | 71.818 | 75.972 |