Video and audio priced at $20 in 1998 $23.32 in 2024

Video And Audio Inflation Calculator

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Prices for Video And Audio, 1998-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for video and audio are 16.62% higher in 2024 versus 1998 (a $3.32 difference in value).

Between 1998 and 2024: Video and audio experienced an average inflation rate of 0.59% per year. In other words, video and audio costing $20 in the year 1998 would cost $23.32 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for video and audio was lower.

In the year 1998: Pricing changed by 1.69%, which is above the average yearly change for video and audio during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), 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%).

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Buying power of $20.00 since 1998

Below are calculations of equivalent buying power for Video and audio, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20.001.69%
1999$19.92-0.38%
2000$19.980.30%
2001$20.070.44%
2002$20.331.27%
2003$20.500.86%
2004$20.610.53%
2005$20.60-0.03%
2006$20.690.40%
2007$20.36-1.56%
2008$20.30-0.31%
2009$20.03-1.32%
2010$19.61-2.13%
2011$19.46-0.73%
2012$19.671.03%
2013$19.720.26%
2014$19.750.17%
2015$19.71-0.21%
2016$19.971.32%
2017$20.613.19%
2018$20.610.03%
2019$20.700.44%
2020$21.182.31%
2021$21.833.08%
2022$22.282.07%
2023$22.932.89%
2024$23.321.73%*

* 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 1998 * 1998 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Video and audio was 101.108 in the year 1998 and 117.916 in 2024:

117.916 / 101.108 * $20 = $23.32

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $23.32 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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