According to the U.S. Bureau of Labor Statistics, prices for tools, hardware, outdoor equipment and supplies were 0.37% lower in 2021 versus 2009 (a $0.07 difference in value).
Between 2009 and 2021: Tools, hardware, outdoor equipment and supplies experienced an average inflation rate of -0.03% per year. In other words, tools, hardware, outdoor equipment and supplies costing $20 in the year 2009 would cost $19.93 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.82% during this same period, inflation for tools, hardware, outdoor equipment and supplies was lower.
In the year 2009: Pricing changed by 0.77%, which is above the average yearly change for tools, hardware, outdoor equipment and supplies during the 2009-2021 time period. Compared to inflation for all items in 2009 (-0.36%), inflation for tools, hardware, outdoor equipment and supplies was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tools, hardware, outdoor equipment and supplies:
Below are calculations of equivalent buying power for Tools, hardware, outdoor equipment and supplies, over time, for $20 beginning in 2009. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|