Televisions priced at $1,000 in 2021 $817.69 in 2023

Televisions Inflation Calculator


Prices for Televisions, 2021-2023 ($1,000)

According to the U.S. Bureau of Labor Statistics, prices for televisions are 18.23% lower in 2023 versus 2021 (a $182.31 difference in value).

Between 2021 and 2023: Televisions experienced an average inflation rate of -9.57% per year. This rate of change indicates significant deflation. In other words, televisions costing $1,000 in the year 2021 would cost $817.69 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 5.45% during this same period, inflation for televisions was significantly lower.

In the year 2021: Pricing changed by 5.70%, which is significantly above the average yearly change for televisions during the 2021-2023 time period. Compared to inflation for all items in 2021 (4.70%), inflation for televisions was higher.

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 2021

Below are calculations of equivalent buying power for Televisions, over time, for $1,000 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust televisions prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2021 * 2021 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Televisions was 1.445 in the year 2021 and 1.182 in 2023:

1.182 / 1.445 * $1,000 = $817.69

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 2021 has the same "purchasing power" as $817.69 in 2023 (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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