According to the U.S. Bureau of Labor Statistics, prices for sports equipment are 28.38% lower in 2024 versus 1996 (a $5.68 difference in value).
Between 1996 and 2024: Sports equipment experienced an average inflation rate of -1.19% per year. In other words, sports equipment costing $20 in the year 1996 would cost $14.32 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for sports equipment was significantly lower.
In the year 1996: Pricing changed by -0.48%, which is above the average yearly change for sports equipment during the 1996-2024 time period. Compared to inflation for all items in 1996 (2.93%), inflation for sports equipment was much lower.
Below are calculations of equivalent buying power for Sports equipment, over time, for $20 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1996 | $20.00 | -0.48% |
1997 | $19.91 | -0.45% |
1998 | $19.61 | -1.49% |
1999 | $18.74 | -4.44% |
2000 | $18.06 | -3.66% |
2001 | $17.67 | -2.15% |
2002 | $17.21 | -2.60% |
2003 | $17.06 | -0.84% |
2004 | $16.86 | -1.19% |
2005 | $16.68 | -1.10% |
2006 | $16.46 | -1.28% |
2007 | $16.22 | -1.45% |
2008 | $16.60 | 2.34% |
2009 | $16.96 | 2.14% |
2010 | $16.46 | -2.97% |
2011 | $15.68 | -4.74% |
2012 | $15.49 | -1.16% |
2013 | $15.11 | -2.48% |
2014 | $14.75 | -2.36% |
2015 | $14.32 | -2.95% |
2016 | $14.13 | -1.31% |
2017 | $13.76 | -2.64% |
2018 | $13.40 | -2.63% |
2019 | $13.12 | -2.05% |
2020 | $13.05 | -0.53% |
2021 | $13.86 | 6.19% |
2022 | $14.69 | 5.98% |
2023 | $14.51 | -1.20% |
2024 | $14.32 | -1.29%* |
* 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 Sports equipment:
Year | 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 | 80.738 | 84.585 | 90.346 | 95.831 | 98.908 | 100.377 | 100.723 | 99.562 | 98.992 | 100.838 | 104.854 | 107.423 | 111.777 | 116.508 | 117.669 | 116.908 | 119.238 | 119.131 | 118.562 | 118.023 | 116.269 | 111.108 | 107.038 | 104.738 | 102.015 | 101.154 | 99.954 | 98.854 | 97.592 | 96.179 | 98.434 | 100.541 | 97.557 | 92.937 | 91.855 | 89.576 | 87.460 | 84.882 | 83.773 | 81.563 | 79.417 | 77.786 | 77.370 | 82.156 | 87.068 | 86.019 | 84.911 |