According to the U.S. Bureau of Labor Statistics, prices for video and audio products are 47.07% lower in 2024 versus 2015 (a $9.41 difference in value).
Between 2015 and 2024: Video and audio products experienced an average inflation rate of -6.83% per year. This rate of change indicates significant deflation. In other words, video and audio products costing $20 in the year 2015 would cost $10.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.15% during this same period, inflation for video and audio products was significantly lower.
In the year 2015: Pricing changed by -8.67%, which is below the average yearly change for video and audio products during the 2015-2024 time period. Compared to inflation for all items in 2015 (0.12%), inflation for video and audio products was much lower.
Below are calculations of equivalent buying power for Video and audio products, over time, for $20 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2015 | $20.00 | -8.67% |
2016 | $17.74 | -11.32% |
2017 | $16.16 | -8.89% |
2018 | $14.18 | -12.25% |
2019 | $12.84 | -9.47% |
2020 | $12.03 | -6.28% |
2021 | $12.13 | 0.83% |
2022 | $11.49 | -5.33% |
2023 | $10.90 | -5.11% |
2024 | $10.59 | -2.87%* |
* 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 Video and audio products:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 94.375 | 86.135 | 78.086 | 72.383 | 67.119 | 61.302 | 54.365 | 49.534 | 43.467 | 39.350 | 36.880 | 37.186 | 35.205 | 33.404 | 32.446 |