According to the U.S. Bureau of Labor Statistics, prices for video and audio services are 22.91% higher in 2024 versus 2018 (a $4.58 difference in value).
Between 2018 and 2024: Video and audio services experienced an average inflation rate of 3.50% per year. This rate of change indicates significant inflation. In other words, video and audio services costing $20 in the year 2018 would cost $24.58 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.77% during this same period, inflation for video and audio services was lower.
In the year 2018: Pricing changed by 1.81%, which is below the average yearly change for video and audio services during the 2018-2024 time period. Compared to inflation for all items in 2018 (2.44%), inflation for video and audio services was lower.
Below are calculations of equivalent buying power for Video and audio services, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2018 | $20.00 | 1.81% |
| 2019 | $20.38 | 1.92% |
| 2020 | $21.12 | 3.61% |
| 2021 | $21.87 | 3.57% |
| 2022 | $22.74 | 3.96% |
| 2023 | $23.90 | 5.10% |
| 2024 | $24.58 | 2.86%* |
* 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 services:
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 100.949 | 102.851 | 107.163 | 109.664 | 111.700 | 113.339 | 117.274 | 123.037 | 125.265 | 127.666 | 132.279 | 136.997 | 142.425 | 149.685 | 153.968 |