According to the U.S. Bureau of Labor Statistics, prices for televisions are 99.12% lower in 2024 versus 1954 (a $991.23 difference in value).
Between 1954 and 2024: Televisions experienced an average inflation rate of -6.54% per year. This rate of change indicates significant deflation. In other words, televisions costing $1,000 in the year 1954 would cost $8.77 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.57% during this same period, inflation for televisions was significantly lower.
In the year 1954: Pricing changed by -6.90%, which is below the average yearly change for televisions during the 1954-2024 time period. Compared to inflation for all items in 1954 (0.34%), inflation for televisions was much lower.
Below are calculations of equivalent buying power for Televisions, over time, for $1,000 beginning in 1954. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1954 | $1,000.00 | -6.90% |
1955 | $947.92 | -5.21% |
1956 | $956.04 | 0.86% |
1957 | $997.73 | 4.36% |
1958 | $1,012.49 | 1.48% |
1959 | $1,026.44 | 1.38% |
1960 | $1,032.45 | 0.58% |
1961 | $1,001.62 | -2.99% |
1962 | $953.11 | -4.84% |
1963 | $931.38 | -2.28% |
1964 | $908.23 | -2.49% |
1965 | $865.51 | -4.70% |
1966 | $829.66 | -4.14% |
1967 | $813.41 | -1.96% |
1968 | $810.66 | -0.34% |
1969 | $809.35 | -0.16% |
1970 | $810.35 | 0.12% |
1971 | $813.53 | 0.39% |
1972 | $808.73 | -0.59% |
1973 | $796.75 | -1.48% |
1974 | $804.11 | 0.92% |
1975 | $825.82 | 2.70% |
1976 | $836.37 | 1.28% |
1977 | $826.51 | -1.18% |
1978 | $825.89 | -0.08% |
1979 | $837.24 | 1.38% |
1980 | $848.66 | 1.36% |
1981 | $855.59 | 0.82% |
1982 | $844.61 | -1.28% |
1983 | $815.47 | -3.45% |
1984 | $774.16 | -5.07% |
1985 | $719.13 | -7.11% |
1986 | $674.95 | -6.14% |
1987 | $646.50 | -4.22% |
1988 | $629.59 | -2.62% |
1989 | $616.98 | -2.00% |
1990 | $605.44 | -1.87% |
1991 | $591.21 | -2.35% |
1992 | $587.22 | -0.68% |
1993 | $573.24 | -2.38% |
1994 | $567.19 | -1.06% |
1995 | $552.21 | -2.64% |
1996 | $523.14 | -5.27% |
1997 | $500.49 | -4.33% |
1998 | $480.39 | -4.01% |
1999 | $445.45 | -7.27% |
2000 | $404.96 | -9.09% |
2001 | $363.34 | -10.28% |
2002 | $325.40 | -10.44% |
2003 | $282.78 | -13.10% |
2004 | $243.47 | -13.90% |
2005 | $215.46 | -11.51% |
2006 | $181.08 | -15.96% |
2007 | $137.40 | -24.12% |
2008 | $113.44 | -17.44% |
2009 | $86.02 | -24.17% |
2010 | $64.77 | -24.70% |
2011 | $53.83 | -16.89% |
2012 | $44.03 | -18.20% |
2013 | $37.16 | -15.62% |
2014 | $31.92 | -14.08% |
2015 | $27.40 | -14.17% |
2016 | $22.13 | -19.24% |
2017 | $19.12 | -13.59% |
2018 | $15.95 | -16.61% |
2019 | $12.90 | -19.12% |
2020 | $11.09 | -14.00% |
2021 | $11.72 | 5.70% |
2022 | $10.46 | -10.78% |
2023 | $9.27 | -11.34% |
2024 | $8.77 | -5.47%* |
* 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 Televisions:
Year | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 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 | 160.000 | 155.800 | 137.240 | 132.420 | 123.280 | 116.860 | 117.860 | 123.000 | 124.820 | 126.540 | 127.280 | 123.480 | 117.500 | 114.820 | 111.967 | 106.700 | 102.280 | 100.277 | 99.938 | 99.777 | 99.900 | 100.292 | 99.700 | 98.223 | 99.131 | 101.808 | 103.108 | 101.892 | 101.815 | 103.215 | 104.623 | 105.477 | 104.123 | 100.531 | 95.438 | 88.654 | 83.208 | 79.700 | 77.615 | 76.062 | 74.638 | 72.885 | 72.392 | 70.669 | 69.923 | 68.077 | 64.492 | 61.700 | 59.223 | 54.915 | 49.923 | 44.792 | 40.115 | 34.862 | 30.015 | 26.562 | 22.323 | 16.938 | 13.984 | 10.605 | 7.985 | 6.636 | 5.429 | 4.581 | 3.936 | 3.378 | 2.728 | 2.357 | 1.966 | 1.590 | 1.367 | 1.445 | 1.289 | 1.143 | 1.081 |