Recorded music and music subscriptions priced at $20 in 1999 $16.76 in 2024

Recorded Music And Music Subscriptions Inflation Calculator

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Prices for Recorded Music And Music Subscriptions, 1999-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for recorded music and music subscriptions are 16.21% lower in 2024 versus 1999 (a $3.24 difference in value).

Between 1999 and 2024: Recorded music and music subscriptions experienced an average inflation rate of -0.71% per year. In other words, recorded music and music subscriptions costing $20 in the year 1999 would cost $16.76 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for recorded music and music subscriptions was significantly lower.

In the year 1999: Pricing changed by 1.50%, which is above the average yearly change for recorded music and music subscriptions during the 1999-2024 time period. Compared to inflation for all items in 1999 (2.19%), inflation for recorded music and music subscriptions was lower.

Price Inflation for Recorded music and music subscriptions since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2010 (-4.81%), 2009 (-4.46%), and 2001 (4.38%).

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Buying power of $20.00 since 1999

Below are calculations of equivalent buying power for Recorded music and music subscriptions, over time, for $20 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$20.001.50%
2000$20.170.87%
2001$21.064.38%
2002$20.87-0.89%
2003$21.392.50%
2004$21.460.33%
2005$21.670.98%
2006$21.25-1.93%
2007$20.83-1.97%
2008$20.44-1.87%
2009$19.53-4.46%
2010$18.59-4.81%
2011$18.12-2.55%
2012$17.54-3.17%
2013$17.620.46%
2014$17.640.10%
2015$17.27-2.11%
2016$16.91-2.11%
2017$17.433.08%
2018$16.93-2.85%
2019$16.24-4.05%
2020$15.76-2.97%
2021$15.69-0.46%
2022$15.710.11%
2023$16.293.72%
2024$16.762.86%*

* 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 Recorded music and music subscriptions:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.00099.762101.254102.131106.600105.654108.300108.662109.723107.600105.475103.50298.88594.12891.72888.81889.22589.31687.42785.58688.22485.70682.23379.79379.42979.51882.47684.838

Adjust recorded music and music subscriptions prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1999 * 1999 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Recorded music and music subscriptions was 101.254 in the year 1999 and 84.838 in 2024:

84.838 / 101.254 * $20 = $16.76

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1999 has the same "purchasing power" as $16.76 in 2024 (in the CPI category of Recorded music and music subscriptions).


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

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