Repair of household items inflation, 1997–2024
Prices are 283.15% higher than in 1997, according to the Bureau of Labor Statistics.
Prices are 283.15% higher than in 1997, according to the Bureau of Labor Statistics.
According to the U.S. Bureau of Labor Statistics, prices for repair of household items are 283.15% higher in 2024 versus 1997 (a $56.63 difference in value).
Between 1997 and 2024, Repair of household items experienced an average inflation rate of 5.10% per year. This rate of change indicates significant inflation. In other words, repair of household items costing $20 in the year 1997 would cost $76.63 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for repair of household items was higher.
The official rate is based on an average household's spending, so your own inflation rate is probably different. The personal inflation calculator works it out from your budget.
Below are calculations of equivalent buying power for Repair of household items, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1997 | $20.00 | - |
| 1998 | $20.36 | 1.82% |
| 1999 | $21.44 | 5.26% |
| 2000 | $22.33 | 4.17% |
| 2001 | $23.89 | 6.97% |
| 2002 | $25.03 | 4.79% |
| 2003 | $26.21 | 4.71% |
| 2004 | $27.88 | 6.38% |
| 2005 | $29.48 | 5.73% |
| 2006 | $30.95 | 4.99% |
| 2007 | $32.24 | 4.16% |
| 2008 | $34.01 | 5.49% |
| 2009 | $35.21 | 3.54% |
| 2010 | $36.33 | 3.19% |
| 2011 | $36.76 | 1.17% |
| 2012 | $39.74 | 8.13% |
| 2013 | $41.33 | 3.99% |
| 2014 | $42.48 | 2.78% |
| 2015 | $44.02 | 3.63% |
| 2016 | $45.25 | 2.80% |
| 2017 | $47.87 | 5.77% |
| 2018 | $50.73 | 5.99% |
| 2019 | $53.89 | 6.23% |
| 2020 | $53.97 | 0.14% |
| 2021 | $56.16 | 4.07% |
| 2022 | $62.12 | 10.60% |
| 2023 | $69.96 | 12.62% |
| 2024 | $76.63 | 9.54%* |
* 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 Repair of household items:
| 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 | 101.817 | 107.175 | 111.642 | 119.425 | 125.142 | 131.033 | 139.392 | 147.375 | 154.733 | 161.178 | 170.031 | 176.049 | 181.659 | 183.787 | 198.722 | 206.656 | 212.405 | 220.107 | 226.271 | 239.330 | 253.661 | 269.453 | 269.826 | 280.808 | 310.581 | 349.787 | 383.155 |