Video discs and other media, including rental of video price history from 2018 through 2020

Video Discs And Other Media, Including Rental Of Video Inflation Calculator

Prices for Video Discs And Other Media, Including Rental Of Video, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for video discs and other media, including rental of video were 4.90% lower in 2020 versus 2018 (a $0.98 difference in value).

Between 2018 and 2020: Video discs and other media, including rental of video experienced an average inflation rate of -2.48% per year. This rate of change indicates significant deflation. In other words, video discs and other media, including rental of video costing $20 in the year 2018 would cost $19.02 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for video discs and other media, including rental of video was significantly lower.

Price Inflation for Video discs and other media, including rental of video since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2020 (-6.90%), and 2019 (2.15%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Video discs and other media, including rental of video:

Year	2018	2019	2020
CPI	72.939	74.506	69.365

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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Video discs and other media, including rental of video, 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	-
2019	$20.43	2.15%
2020	$19.02	-6.90%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for video discs and other media, including rental of video, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Video discs and other media, including rental of video was 72.939 in the year 2018 and 69.365 in 2020:

69.365 / 72.939 * $20 = $19.02

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $19.02 in 2020 (in the CPI category of Video discs and other media, including rental of video).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Video discs and other media, including rental of video in 2018. In addition to video discs and other media, including rental of video, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.