Watches priced at $20 in 1988 $28.74 in 2022

Watches Inflation Calculator

$

Prices for Watches, 1988-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for watches are 43.70% higher in 2022 versus 1988 (a $8.74 difference in value).

Between 1988 and 2022: Watches experienced an average inflation rate of 1.07% per year. In other words, watches costing $20 in the year 1988 would cost $28.74 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.70% during this same period, inflation for watches was lower.

In the year 1988: Pricing changed by 3.58%, which is above the average yearly change for watches during the 1988-2022 time period. Compared to inflation for all items in 1988 (4.08%), inflation for watches was lower.

Price Inflation for Watches since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2016 (5.16%), 1994 (4.82%), and 2017 (4.75%).

View price changes for other categories
Tampa, Florida · New trucks · Legal services · Minneapolis-St Paul, Minnesota · More

Buying power of $20.00 since 1988

Below are calculations of equivalent buying power for Watches, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$20.003.58%
1989$20.522.59%
1990$20.771.22%
1991$21.674.32%
1992$21.891.03%
1993$22.402.32%
1994$23.484.82%
1995$24.343.65%
1996$24.470.55%
1997$23.88-2.39%
1998$23.29-2.47%
1999$23.06-1.02%
2000$23.03-0.09%
2001$22.65-1.66%
2002$21.81-3.70%
2003$21.23-2.70%
2004$21.692.17%
2005$21.730.19%
2006$22.021.35%
2007$22.01-0.02%
2008$22.01-0.03%
2009$21.99-0.07%
2010$21.69-1.39%
2011$22.001.46%
2012$22.311.41%
2013$22.922.75%
2014$23.040.52%
2015$23.230.81%
2016$24.435.16%
2017$25.594.75%
2018$26.071.90%
2019$26.170.38%
2020$27.043.33%
2021$28.224.35%
2022$28.741.85%*

* 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 Watches:

Year1986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000102.392106.062108.808110.138114.900116.085118.777124.508129.054129.762126.662123.531122.269122.154120.131115.685112.562115.000115.215116.769116.744116.707116.622114.997116.671118.312121.569122.202123.188129.550135.698138.271138.794143.414149.648152.410

Adjust watches prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1988 * 1988 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Watches was 106.062 in the year 1988 and 152.410 in 2022:

152.410 / 106.062 * $20 = $28.74

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1988 has the same "purchasing power" as $28.74 in 2022 (in the CPI category of Watches).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Watches in 1986. In addition to watches, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.