Rental of video discs and other media priced at $20 in 1998 $29.24 in 2021

Rental Of Video Discs And Other Media Inflation Calculator

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Prices for Rental Of Video Discs And Other Media, 1998-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for rental of video discs and other media were 46.20% higher in 2021 versus 1998 (a $9.24 difference in value).

Between 1998 and 2021: Rental of video discs and other media experienced an average inflation rate of 1.67% per year. In other words, rental of video discs and other media costing $20 in the year 1998 would cost $29.24 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.21% during this same period, inflation for rental of video discs and other media was lower.

In the year 1998: Pricing changed by -4.92%, which is significantly below the average yearly change for rental of video discs and other media during the 1998-2021 time period. Compared to inflation for all items in 1998 (1.55%), inflation for rental of video discs and other media was much lower.

Price Inflation for Rental of video discs and other media since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2011 (8.90%), 2012 (7.38%), and 2008 (5.52%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Rental of video discs and other media:

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
CPI 100.000 95.077 95.315 93.900 92.131 91.962 87.023 86.100 86.738 90.077 92.370 97.465 100.662 101.332 110.348 118.491 116.822 116.574 120.582 123.679 126.528 130.240 134.609 136.471 139.004

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Buying power of $20 since 1998

Below are calculations of equivalent buying power for Rental of video discs and other media, 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 -4.92%
1999 $20.05 0.25%
2000 $19.75 -1.48%
2001 $19.38 -1.88%
2002 $19.34 -0.18%
2003 $18.31 -5.37%
2004 $18.11 -1.06%
2005 $18.25 0.74%
2006 $18.95 3.85%
2007 $19.43 2.55%
2008 $20.50 5.52%
2009 $21.17 3.28%
2010 $21.32 0.67%
2011 $23.21 8.90%
2012 $24.93 7.38%
2013 $24.57 -1.41%
2014 $24.52 -0.21%
2015 $25.37 3.44%
2016 $26.02 2.57%
2017 $26.62 2.30%
2018 $27.40 2.93%
2019 $28.32 3.35%
2020 $28.71 1.38%
2021 $29.24 1.86%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for rental of video discs and other media, 1998-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1998 * 1998 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Rental of video discs and other media was 95.077 in the year 1998 and 139.004 in 2021:

139.004 / 95.077 * $20 = $29.24

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $29.24 in 2021 (in the CPI category of Rental of video discs and other media).


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

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