Recorded music and music subscriptions priced at $20 in 2021 $20.46 in 2023

Recorded Music And Music Subscriptions Inflation Calculator

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Prices for Recorded Music And Music Subscriptions, 2021-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for recorded music and music subscriptions are 2.29% higher in 2023 versus 2021 (a $0.46 difference in value).

Between 2021 and 2023: Recorded music and music subscriptions experienced an average inflation rate of 1.14% per year. In other words, recorded music and music subscriptions costing $20 in the year 2021 would cost $20.46 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 5.45% during this same period, inflation for recorded music and music subscriptions was significantly lower.

In the year 2021: Pricing changed by -0.46%, which is below the average yearly change for recorded music and music subscriptions during the 2021-2023 time period. Compared to inflation for all items in 2021 (4.70%), inflation for recorded music and music subscriptions was much 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 2021

Below are calculations of equivalent buying power for Recorded music and music subscriptions, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2021$20.00-0.46%
2022$20.020.11%
2023$20.462.18%*

* 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:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.00099.762101.254102.131106.600105.654108.300108.662109.723107.600105.475103.50298.88594.12891.72888.81889.22589.31687.42785.58688.22485.70682.23379.79379.42979.51881.252

Adjust recorded music and music subscriptions prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2021 * 2021 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Recorded music and music subscriptions was 79.429 in the year 2021 and 81.252 in 2023:

81.252 / 79.429 * $20 = $20.46

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $20.46 in 2023 (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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