Telephone hardware, calculators, and other consumer information items priced at $20 in 1997 $1.62 in 2024

Telephone Hardware, Calculators, And Other Consumer Information Items Inflation Calculator

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Prices for Telephone Hardware, Calculators, And Other Consumer Information Items, 1997-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for telephone hardware, calculators, and other consumer information items are 91.90% lower in 2024 versus 1997 (a $18.38 difference in value).

Between 1997 and 2024: Telephone hardware, calculators, and other consumer information items experienced an average inflation rate of -8.89% per year. This rate of change indicates significant deflation. In other words, telephone hardware, calculators, and other consumer information items costing $20 in the year 1997 would cost $1.62 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for telephone hardware, calculators, and other consumer information items was significantly lower.

Price Inflation for Telephone hardware, calculators, and other consumer information items since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2021 (-15.90%), 2019 (-14.50%), and 2020 (-14.13%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Telephone hardware, calculators, and other consumer information items, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$20.00-
1998$19.02-4.92%
1999$16.89-11.20%
2000$15.22-9.84%
2001$13.67-10.23%
2002$12.44-8.98%
2003$11.10-10.75%
2004$9.95-10.38%
2005$9.16-7.96%
2006$8.33-9.00%
2007$7.72-7.34%
2008$7.39-4.27%
2009$7.06-4.47%
2010$6.80-3.68%
2011$6.57-3.38%
2012$6.22-5.36%
2013$5.91-4.95%
2014$5.51-6.74%
2015$4.79-13.03%
2016$4.28-10.82%
2017$4.04-5.41%
2018$3.82-5.65%
2019$3.26-14.50%
2020$2.80-14.13%
2021$2.36-15.90%
2022$2.05-13.09%
2023$1.78-12.84%
2024$1.62-9.23%*

* 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 Telephone hardware, calculators, and other consumer information items:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.00095.07784.43176.12368.33862.20055.51549.75445.79241.66938.61336.96435.31234.01332.86331.10129.56127.56723.97421.38120.22319.08216.31514.00911.78110.2398.9258.101

Adjust telephone hardware, calculators, and other consumer information items prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Telephone hardware, calculators, and other consumer information items was 100.000 in the year 1997 and 8.101 in 2024:

8.101 / 100.000 * $20 = $1.62

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $1.62 in 2024 (in the CPI category of Telephone hardware, calculators, and other consumer information items).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Telephone hardware, calculators, and other consumer information items in 1997. In addition to telephone hardware, calculators, and other consumer information items, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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