Tools, hardware, outdoor equipment and supplies priced at$20 in 2003$24.33 in 2026

Tools, Hardware, Outdoor Equipment And Supplies Inflation Calculator

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Prices for Tools, Hardware, Outdoor Equipment And Supplies, 2003-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for tools, hardware, outdoor equipment and supplies are 21.64% higher in 2026 versus 2003 (a $4.33 difference in value).

Between 2003 and 2026:Tools, hardware, outdoor equipment and supplies experienced an average inflation rate of 0.86% per year. In other words, tools, hardware, outdoor equipment and supplies costing $20 in the year 2003 would cost $24.33 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for tools, hardware, outdoor equipment and supplies was lower.

In the year 2003: Pricing changed by -1.81%, which is below the average yearly change for tools, hardware, outdoor equipment and supplies during the 2003-2026 time period. Compared to inflation for all items in 2003 (2.27%), inflation for tools, hardware, outdoor equipment and supplies was much lower.

Price Inflation for Tools, hardware, outdoor equipment and supplies since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (10.86%), 2023 (7.42%), and 2021 (3.47%).

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Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for Tools, hardware, outdoor equipment and supplies, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.00-1.81%
2004$19.89-0.56%
2005$20.070.94%
2006$20.120.24%
2007$20.12-0.02%
2008$19.88-1.18%
2009$20.030.77%
2010$19.49-2.71%
2011$19.490.01%
2012$19.570.39%
2013$19.580.06%
2014$19.42-0.82%
2015$19.38-0.21%
2016$19.17-1.04%
2017$19.06-0.62%
2018$19.05-0.05%
2019$19.341.53%
2020$19.691.84%
2021$20.383.47%
2022$22.5910.86%
2023$24.277.42%
2024$23.54-3.01%
2025$24.001.95%
2026$24.331.39%*

* 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 Tools, hardware, outdoor equipment and supplies:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI100.000100.34299.04297.00896.65895.74294.00893.48394.35894.58394.56993.45494.17091.61891.62891.98292.03491.27691.08190.13089.57689.53190.89992.56995.782106.188114.072110.637112.790114.355

Adjust tools, hardware, outdoor equipment and supplies prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2003* 2003 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Tools, hardware, outdoor equipment and supplies was 94.008 in the year 2003 and 114.355 in 2026:

114.355 / 94.008* $20 = $24.33

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $24.33 in 2026 (in the CPI category of Tools, hardware, outdoor equipment and supplies).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Tools, hardware, outdoor equipment and supplies in 1997. In addition to tools, hardware, outdoor equipment and supplies, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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