Video discs and other media, including rental of video price inflation, 1997→2022

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

Prices for Video Discs And Other Media, Including Rental Of Video, 1997-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for video discs and other media, including rental of video are 33.39% lower in 2022 versus 1997 (a $6.68 difference in value).

Between 1997 and 2022: Video discs and other media, including rental of video experienced an average inflation rate of -1.61% per year. In other words, video discs and other media, including rental of video costing $20 in the year 1997 would cost $13.32 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.37% 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 1997

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

Years with the largest changes in pricing: 2020 (-7.04%), 2014 (-5.06%), and 2003 (-4.27%).

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Buying power of $20.00 since 1997

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

Year	USD Value	Inflation Rate
1997	$20.00	-
1998	$19.24	-3.78%
1999	$18.42	-4.26%
2000	$17.71	-3.86%
2001	$17.00	-4.05%
2002	$16.36	-3.72%
2003	$15.67	-4.27%
2004	$15.52	-0.96%
2005	$15.33	-1.19%
2006	$15.33	-0.03%
2007	$15.22	-0.68%
2008	$15.50	1.83%
2009	$15.55	0.30%
2010	$15.24	-1.97%
2011	$15.69	2.96%
2012	$15.90	1.33%
2013	$15.44	-2.93%
2014	$14.65	-5.06%
2015	$14.56	-0.62%
2016	$14.69	0.87%
2017	$14.27	-2.86%
2018	$14.59	2.23%
2019	$14.90	2.15%
2020	$13.85	-7.04%
2021	$13.29	-4.03%
2022	$13.32	0.20%*

* Not final. See inflation summary for latest details.

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

Year	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
CPI	100.000	96.223	92.123	88.569	84.985	81.823	78.331	77.577	76.654	76.631	76.112	77.508	77.738	76.203	78.457	79.504	77.176	73.267	72.809	73.445	71.345	72.939	74.506	69.263	66.474	66.607

Adjust video discs and other media, including rental of video prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Video discs and other media, including rental of video was 100.000 in the year 1997 and 66.607 in 2022:

66.607 / 100.000 * $20 = $13.32

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $13.32 in 2022 (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 1997. 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.