Televisions priced at $1,000 in 1960 $8.49 in 2024

Televisions Inflation Calculator

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Prices for Televisions, 1960-2024 ($1,000)

According to the U.S. Bureau of Labor Statistics, prices for televisions are 99.15% lower in 2024 versus 1960 (a $991.51 difference in value).

Between 1960 and 2024: Televisions experienced an average inflation rate of -7.18% per year. This rate of change indicates significant deflation. In other words, televisions costing $1,000 in the year 1960 would cost $8.49 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation for televisions was significantly lower.

In the year 1960: Pricing changed by 0.58%, which is significantly above the average yearly change for televisions during the 1960-2024 time period. Compared to inflation for all items in 1960 (1.48%), inflation for televisions was lower.

Price Inflation for Televisions since 1950

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2010 (-24.70%), 2009 (-24.17%), and 2007 (-24.12%).

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Buying power of $1,000.00 since 1960

Below are calculations of equivalent buying power for Televisions, over time, for $1,000 beginning in 1960. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1960$1,000.000.58%
1961$970.14-2.99%
1962$923.16-4.84%
1963$902.11-2.28%
1964$879.69-2.49%
1965$838.31-4.70%
1966$803.58-4.14%
1967$787.85-1.96%
1968$785.19-0.34%
1969$783.92-0.16%
1970$784.880.12%
1971$787.970.39%
1972$783.31-0.59%
1973$771.71-1.48%
1974$778.840.92%
1975$799.872.70%
1976$810.091.28%
1977$800.54-1.18%
1978$799.93-0.08%
1979$810.931.38%
1980$821.991.36%
1981$828.700.82%
1982$818.06-1.28%
1983$789.84-3.45%
1984$749.83-5.07%
1985$696.53-7.11%
1986$653.74-6.14%
1987$626.18-4.22%
1988$609.80-2.62%
1989$597.59-2.00%
1990$586.41-1.87%
1991$572.63-2.35%
1992$568.76-0.68%
1993$555.23-2.38%
1994$549.36-1.06%
1995$534.86-2.64%
1996$506.70-5.27%
1997$484.76-4.33%
1998$465.30-4.01%
1999$431.45-7.27%
2000$392.23-9.09%
2001$351.92-10.28%
2002$315.17-10.44%
2003$273.90-13.10%
2004$235.82-13.90%
2005$208.69-11.51%
2006$175.39-15.96%
2007$133.08-24.12%
2008$109.87-17.44%
2009$83.32-24.17%
2010$62.74-24.70%
2011$52.14-16.89%
2012$42.65-18.20%
2013$35.99-15.62%
2014$30.92-14.08%
2015$26.54-14.17%
2016$21.43-19.24%
2017$18.52-13.59%
2018$15.44-16.61%
2019$12.49-19.12%
2020$10.74-14.00%
2021$11.355.70%
2022$10.13-10.78%
2023$8.98-11.34%
2024$8.49-5.42%*

* 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 Televisions:

Year195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI160.000155.800137.240132.420123.280116.860117.860123.000124.820126.540127.280123.480117.500114.820111.967106.700102.280100.27799.93899.77799.900100.29299.70098.22399.131101.808103.108101.892101.815103.215104.623105.477104.123100.53195.43888.65483.20879.70077.61576.06274.63872.88572.39270.66969.92368.07764.49261.70059.22354.91549.92344.79240.11534.86230.01526.56222.32316.93813.98410.6057.9856.6365.4294.5813.9363.3782.7282.3571.9661.5901.3671.4451.2891.1431.081

Adjust televisions prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1960 * 1960 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Televisions was 127.280 in the year 1960 and 1.081 in 2024:

1.081 / 127.280 * $1,000 = $8.49

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 1960 has the same "purchasing power" as $8.49 in 2024 (in the CPI category of Televisions).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Televisions in 1950. In addition to televisions, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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