According to the U.S. Bureau of Labor Statistics, prices for smartphones are 46.33% lower in 2025 versus 2021 (a $9.27 difference in value).
Between 2021 and 2025: Smartphones experienced an average inflation rate of -14.41% per year. This rate of change indicates significant deflation. In other words, smartphones costing $20 in the year 2021 would cost $10.73 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 4.15% during this same period, inflation for smartphones was significantly lower.
In the year 2021: Pricing changed by -18.53%, which is significantly below the average yearly change for smartphones during the 2021-2025 time period. Compared to inflation for all items in 2021 (4.70%), inflation for smartphones was much lower.
Below are calculations of equivalent buying power for Smartphones, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2021 | $20.00 | -18.53% |
2022 | $16.26 | -18.68% |
2023 | $13.30 | -18.26% |
2024 | $11.94 | -10.23% |
2025 | $10.73 | -10.07%* |
* 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 Smartphones:
Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
CPI | 100.000 | 91.988 | 74.939 | 60.943 | 49.818 | 44.723 | 40.217 |