According to the U.S. Bureau of Labor Statistics, prices for sewing machines, fabric and supplies are 8.07% higher in 2024 versus 1997 (a $1.61 difference in value).
Between 1997 and 2024: Sewing machines, fabric and supplies experienced an average inflation rate of 0.29% per year. In other words, sewing machines, fabric and supplies costing $20 in the year 1997 would cost $21.61 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for sewing machines, fabric and supplies was lower.
Below are calculations of equivalent buying power for Sewing machines, fabric and supplies, 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 | $19.78 | -1.09% |
1999 | $19.33 | -2.30% |
2000 | $19.30 | -0.13% |
2001 | $19.28 | -0.09% |
2002 | $19.22 | -0.36% |
2003 | $18.80 | -2.15% |
2004 | $18.90 | 0.52% |
2005 | $18.56 | -1.82% |
2006 | $18.39 | -0.89% |
2007 | $17.69 | -3.79% |
2008 | $17.75 | 0.33% |
2009 | $18.26 | 2.84% |
2010 | $18.78 | 2.84% |
2011 | $19.30 | 2.80% |
2012 | $19.87 | 2.95% |
2013 | $19.92 | 0.28% |
2014 | $19.90 | -0.12% |
2015 | $19.47 | -2.15% |
2016 | $18.90 | -2.96% |
2017 | $18.70 | -1.03% |
2018 | $19.47 | 4.12% |
2019 | $20.37 | 4.62% |
2020 | $19.74 | -3.10% |
2021 | $19.62 | -0.62% |
2022 | $20.49 | 4.45% |
2023 | $21.29 | 3.89% |
2024 | $21.61 | 1.53%* |
* 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 Sewing machines, fabric and supplies:
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 | 98.908 | 96.631 | 96.508 | 96.423 | 96.077 | 94.008 | 94.500 | 92.785 | 91.962 | 88.473 | 88.760 | 91.279 | 93.875 | 96.500 | 99.347 | 99.622 | 99.505 | 97.365 | 94.482 | 93.504 | 97.354 | 101.852 | 98.696 | 98.087 | 102.453 | 106.435 | 108.066 |