According to the U.S. Bureau of Labor Statistics, prices for video and audio are 14.54% higher in 2024 versus 2007 (a $2.91 difference in value).
Between 2007 and 2024: Video and audio experienced an average inflation rate of 0.80% per year. In other words, video and audio costing $20 in the year 2007 would cost $22.91 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for video and audio was lower.
In the year 2007: Pricing changed by -1.56%, which is below the average yearly change for video and audio during the 2007-2024 time period. Compared to inflation for all items in 2007 (2.85%), inflation for video and audio was much lower.
Below are calculations of equivalent buying power for Video and audio, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2007 | $20.00 | -1.56% |
2008 | $19.94 | -0.31% |
2009 | $19.67 | -1.32% |
2010 | $19.26 | -2.13% |
2011 | $19.12 | -0.73% |
2012 | $19.31 | 1.03% |
2013 | $19.36 | 0.26% |
2014 | $19.40 | 0.17% |
2015 | $19.36 | -0.21% |
2016 | $19.61 | 1.32% |
2017 | $20.24 | 3.19% |
2018 | $20.24 | 0.03% |
2019 | $20.33 | 0.44% |
2020 | $20.80 | 2.31% |
2021 | $21.44 | 3.08% |
2022 | $21.89 | 2.07% |
2023 | $22.52 | 2.89% |
2024 | $22.91 | 1.73%* |
* 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:
Year | 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 | 96.508 | 95.400 | 95.062 | 96.623 | 99.423 | 101.108 | 100.723 | 101.023 | 101.469 | 102.754 | 103.638 | 104.192 | 104.162 | 104.577 | 102.949 | 102.632 | 101.276 | 99.122 | 98.401 | 99.416 | 99.676 | 99.842 | 99.635 | 100.946 | 104.168 | 104.201 | 104.657 | 107.078 | 110.375 | 112.655 | 115.909 | 117.916 |