Sports equipment price inflation, 2023→2024

Sports Equipment Inflation Calculator

Prices for Sports Equipment, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sports equipment are 1.11% lower in 2024 versus 2023 (a $0.22 difference in value).

Between 2023 and 2024: Sports equipment experienced an average inflation rate of -1.11% per year. In other words, sports equipment costing $20 in the year 2023 would cost $19.78 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for sports equipment was significantly lower.

In the year 2023: Pricing changed by -1.20%, which is below the average yearly change for sports equipment during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for sports equipment was much lower.

Price Inflation for Sports equipment since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1980 (6.81%), 2021 (6.19%), and 1981 (6.07%).

View price changes for other categories
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Buying power of $20.00 since 2023

Below are calculations of equivalent buying power for Sports equipment, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2023	$20.00	-1.20%
2024	$19.78	-1.11%*

* 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	85.060

Adjust sports equipment prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Sports equipment was 86.019 in the year 2023 and 85.060 in 2024:

85.060 / 86.019 * $20 = $19.78

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $19.78 in 2024 (in the CPI category of Sports equipment).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Sports equipment in 1978. In addition to sports equipment, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.