Toys price inflation, 2016→2024

Toys Inflation Calculator

Prices for Toys, 2016-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for toys are 31.53% lower in 2024 versus 2016 (a $6.31 difference in value).

Between 2016 and 2024: Toys experienced an average inflation rate of -4.62% per year. This rate of change indicates significant deflation. In other words, toys costing $20 in the year 2016 would cost $13.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for toys was significantly lower.

In the year 2016: Pricing changed by -8.27%, which is significantly below the average yearly change for toys during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for toys was much lower.

Price Inflation for Toys since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2018 (-9.59%), 2017 (-8.94%), and 1980 (8.44%).

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Buying power of $20.00 since 2016

Below are calculations of equivalent buying power for Toys, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2016	$20.00	-8.27%
2017	$18.21	-8.94%
2018	$16.47	-9.59%
2019	$15.19	-7.77%
2020	$14.21	-6.43%
2021	$14.21	0.03%
2022	$14.49	1.95%
2023	$14.34	-1.05%
2024	$13.69	-4.50%*

* 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 Toys:

Year	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	73.100	75.523	79.815	86.554	93.231	98.562	100.208	101.231	101.438	102.454	104.792	110.600	115.285	117.462	118.308	120.192	121.885	123.715	123.215	126.354	126.200	119.854	112.762	105.492	100.269	93.938	87.454	83.262	77.585	74.062	70.584	66.866	63.255	59.153	56.566	53.706	50.822	47.636	44.657	40.965	37.303	33.724	31.105	29.106	29.114	29.681	29.368	28.048

Adjust toys prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2016 * 2016 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Toys was 40.965 in the year 2016 and 28.048 in 2024:

28.048 / 40.965 * $20 = $13.69

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $13.69 in 2024 (in the CPI category of Toys).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Toys in 1977. In addition to toys, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.