According to the U.S. Bureau of Labor Statistics, prices for video and audio are 10.12% higher in 2024 versus 2020 (a $2.02 difference in value).
Between 2020 and 2024: Video and audio experienced an average inflation rate of 2.44% per year. This rate of change indicates significant inflation. In other words, video and audio costing $20 in the year 2020 would cost $22.02 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for video and audio was lower.
In the year 2020: Pricing changed by 2.31%, which is below the average yearly change for video and audio during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for video and audio was higher.
Below are calculations of equivalent buying power for Video and audio, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $20.00 | 2.31% |
| 2021 | $20.62 | 3.08% |
| 2022 | $21.04 | 2.07% |
| 2023 | $21.65 | 2.89% |
| 2024 | $22.02 | 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 |