Televisions price inflation, 2023→2021

Televisions Inflation Calculator

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

According to the U.S. Bureau of Labor Statistics, prices for televisions were 26.42% higher in 2021 versus 2023 (a $264.16 difference in value).

Between 2023 and 2021: Televisions experienced an average inflation rate of 12.44% per year. This rate of change indicates significant inflation. In other words, televisions costing $1,000 in the year 2023 would cost $1,264.16 in 2021 for an equivalent purchase. Compared to the overall inflation rate of -5.70% during this same period, inflation for televisions was significantly higher.

In the year 2023: Pricing changed by -11.34%, which is significantly below the average yearly change for televisions during the 2023-2021 time period. Compared to inflation for all items in 2023 (4.12%), inflation for televisions was much 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 2023

Below are calculations of equivalent buying power for Televisions, over time, for $1,000 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2023	$1,000.00	-11.34%
2024	$957.23	-4.28%*

* 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	1.094

Adjust televisions prices for inflation

Start with the inflation rate formula:

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

Then plug in historical CPI values from above. The CPI for Televisions was 1.143 in the year 2023 and 1.445 in 2021:

1.445 / 1.143 * $1,000 = $1,264.16

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 2023 has the same "purchasing power" as $1,264.16 in 2021 (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.