Purchase, subscription, and rental of video priced at $20 in 2023 $21.16 in 2024

Purchase, Subscription, And Rental Of Video Inflation Calculator

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Prices for Purchase, Subscription, And Rental Of Video, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for purchase, subscription, and rental of video are 5.78% higher in 2024 versus 2023 (a $1.16 difference in value).

Between 2023 and 2024: Purchase, subscription, and rental of video experienced an average inflation rate of 5.78% per year. This rate of change indicates significant inflation. In other words, purchase, subscription, and rental of video costing $20 in the year 2023 would cost $21.16 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for purchase, subscription, and rental of video was higher.

In the year 2023: Pricing changed by 4.85%, which is below the average yearly change for purchase, subscription, and rental of video during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for purchase, subscription, and rental of video was higher.

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%), 2024 (5.78%), and 2014 (-5.06%).

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Buying power of $20.00 since 2023

Below are calculations of equivalent buying power for Purchase, subscription, and rental of video, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2023$20.004.85%
2024$21.165.78%*

* 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:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.00096.22392.12388.56984.98581.82378.33177.57776.65476.63176.11277.50877.73876.20378.45779.50477.17673.26772.80973.44571.34572.93974.50669.26366.47468.49471.81875.972

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

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Purchase, subscription, and rental of video was 71.818 in the year 2023 and 75.972 in 2024:

75.972 / 71.818 * $20 = $21.16

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $21.16 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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