Video and audio priced at $20 in 1997 $23.72 in 2024

Video And Audio Inflation Calculator

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Prices for Video And Audio, 1997-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for video and audio are 18.60% higher in 2024 versus 1997 (a $3.72 difference in value).

Between 1997 and 2024: Video and audio experienced an average inflation rate of 0.63% per year. In other words, video and audio costing $20 in the year 1997 would cost $23.72 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for video and audio was lower.

In the year 1997: Pricing changed by 2.90%, which is above the average yearly change for video and audio during the 1997-2024 time period. Compared to inflation for all items in 1997 (2.33%), inflation for video and audio was higher.

Price Inflation for Video and audio since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2017 (3.19%), 2021 (3.08%), and 1997 (2.90%).

View price changes for other categories
Jewelry · Fish and seafood · Frankfurters · Admission to sporting events · More

Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Video and audio, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$20.002.90%
1998$20.341.69%
1999$20.26-0.38%
2000$20.320.30%
2001$20.410.44%
2002$20.671.27%
2003$20.850.86%
2004$20.960.53%
2005$20.95-0.03%
2006$21.040.40%
2007$20.71-1.56%
2008$20.65-0.31%
2009$20.37-1.32%
2010$19.94-2.13%
2011$19.79-0.73%
2012$20.001.03%
2013$20.050.26%
2014$20.080.17%
2015$20.04-0.21%
2016$20.311.32%
2017$20.953.19%
2018$20.960.03%
2019$21.050.44%
2020$21.542.31%
2021$22.203.08%
2022$22.662.07%
2023$23.322.89%
2024$23.721.73%*

* 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:

Year19931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI96.50895.40095.06296.62399.423101.108100.723101.023101.469102.754103.638104.192104.162104.577102.949102.632101.27699.12298.40199.41699.67699.84299.635100.946104.168104.201104.657107.078110.375112.655115.909117.916

Adjust video and audio prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Video and audio was 99.423 in the year 1997 and 117.916 in 2024:

117.916 / 99.423 * $20 = $23.72

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $23.72 in 2024 (in the CPI category of Video and audio).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Video and audio in 1993. In addition to video and audio, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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