According to the U.S. Bureau of Labor Statistics, prices for sporting goods are 15.76% higher in 2024 versus 1988 (a $3.15 difference in value).
Between 1988 and 2024: Sporting goods experienced an average inflation rate of 0.41% per year. In other words, sporting goods costing $20 in the year 1988 would cost $23.15 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for sporting goods was lower.
In the year 1988: Pricing changed by 3.63%, which is significantly above the average yearly change for sporting goods during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for sporting goods was lower.
Below are calculations of equivalent buying power for Sporting goods, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1988 | $20.00 | 3.63% |
1989 | $20.55 | 2.76% |
1990 | $21.26 | 3.43% |
1991 | $21.93 | 3.15% |
1992 | $22.24 | 1.41% |
1993 | $22.23 | -0.04% |
1994 | $22.61 | 1.73% |
1995 | $22.86 | 1.09% |
1996 | $22.83 | -0.09% |
1997 | $22.68 | -0.70% |
1998 | $22.55 | -0.57% |
1999 | $22.26 | -1.26% |
2000 | $22.01 | -1.13% |
2001 | $21.92 | -0.40% |
2002 | $21.54 | -1.73% |
2003 | $21.33 | -1.00% |
2004 | $21.28 | -0.23% |
2005 | $21.36 | 0.39% |
2006 | $21.67 | 1.45% |
2007 | $21.54 | -0.60% |
2008 | $21.91 | 1.70% |
2009 | $22.18 | 1.22% |
2010 | $21.98 | -0.89% |
2011 | $21.92 | -0.27% |
2012 | $21.97 | 0.23% |
2013 | $21.85 | -0.55% |
2014 | $21.55 | -1.37% |
2015 | $21.20 | -1.62% |
2016 | $20.92 | -1.29% |
2017 | $20.53 | -1.88% |
2018 | $20.54 | 0.03% |
2019 | $20.78 | 1.16% |
2020 | $21.03 | 1.21% |
2021 | $22.43 | 6.67% |
2022 | $23.60 | 5.19% |
2023 | $23.49 | -0.46% |
2024 | $23.15 | -1.42%* |
* 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 Sporting goods:
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 74.200 | 76.123 | 81.046 | 88.531 | 94.354 | 98.231 | 99.377 | 102.392 | 104.554 | 103.962 | 104.315 | 108.100 | 111.085 | 114.900 | 118.515 | 120.185 | 120.131 | 122.208 | 123.538 | 123.423 | 122.562 | 121.862 | 120.323 | 118.969 | 118.492 | 116.438 | 115.277 | 115.008 | 115.454 | 117.123 | 116.426 | 118.409 | 119.856 | 118.785 | 118.463 | 118.737 | 118.081 | 116.462 | 114.573 | 113.093 | 110.967 | 111.005 | 112.293 | 113.656 | 121.242 | 127.540 | 126.949 | 125.141 |