According to the U.S. Bureau of Labor Statistics, prices for repair of household items are 277.92% higher in 2024 versus 1998 (a $55.58 difference in value).
Between 1998 and 2024: Repair of household items experienced an average inflation rate of 5.25% per year. This rate of change indicates significant inflation. In other words, repair of household items costing $20 in the year 1998 would cost $75.58 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for repair of household items was higher.
In the year 1998: Pricing changed by 1.82%, which is significantly below the average yearly change for repair of household items during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for repair of household items was higher.
Below are calculations of equivalent buying power for Repair of household items, 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 | 1.82% |
| 1999 | $21.05 | 5.27% |
| 2000 | $21.93 | 4.16% |
| 2001 | $23.46 | 6.97% |
| 2002 | $24.58 | 4.79% |
| 2003 | $25.74 | 4.71% |
| 2004 | $27.38 | 6.38% |
| 2005 | $28.95 | 5.73% |
| 2006 | $30.39 | 4.99% |
| 2007 | $31.66 | 4.17% |
| 2008 | $33.40 | 5.49% |
| 2009 | $34.58 | 3.54% |
| 2010 | $35.68 | 3.19% |
| 2011 | $36.67 | 2.76% |
| 2012 | $39.04 | 6.45% |
| 2013 | $40.59 | 3.99% |
| 2014 | $41.72 | 2.78% |
| 2015 | $43.24 | 3.63% |
| 2016 | $44.45 | 2.80% |
| 2017 | $47.01 | 5.77% |
| 2018 | $49.83 | 5.99% |
| 2019 | $52.67 | 5.70% |
| 2020 | $53.01 | 0.65% |
| 2021 | $54.48 | 2.79% |
| 2022 | $61.01 | 11.98% |
| 2023 | $68.75 | 12.70% |
| 2024 | $75.58 | 9.93%* |
* 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 | 101.815 | 107.177 | 111.638 | 119.423 | 125.138 | 131.031 | 139.392 | 147.377 | 154.731 | 161.178 | 170.031 | 176.049 | 181.662 | 186.677 | 198.722 | 206.656 | 212.405 | 220.107 | 226.271 | 239.330 | 253.661 | 268.110 | 269.843 | 277.360 | 310.581 | 350.013 | 384.785 |