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.
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:
Year | USD Value | Inflation Rate |
---|---|---|
1960 | $1,000.00 | 0.58% |
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 | $784.88 | 0.12% |
1971 | $787.97 | 0.39% |
1972 | $783.31 | -0.59% |
1973 | $771.71 | -1.48% |
1974 | $778.84 | 0.92% |
1975 | $799.87 | 2.70% |
1976 | $810.09 | 1.28% |
1977 | $800.54 | -1.18% |
1978 | $799.93 | -0.08% |
1979 | $810.93 | 1.38% |
1980 | $821.99 | 1.36% |
1981 | $828.70 | 0.82% |
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 | $11.35 | 5.70% |
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:
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 |