Watches priced at $20 in 1998 $24.71 in 2022

Watches Inflation Calculator

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Prices for Watches, 1998-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for watches are 23.57% higher in 2022 versus 1998 (a $4.71 difference in value).

Between 1998 and 2022: Watches experienced an average inflation rate of 0.89% per year. In other words, watches costing $20 in the year 1998 would cost $24.71 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.43% during this same period, inflation for watches was lower.

In the year 1998: Pricing changed by -2.47%, which is significantly below the average yearly change for watches during the 1998-2022 time period. Compared to inflation for all items in 1998 (1.55%), inflation for watches was much 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
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Buying power of $20.00 since 1998

Below are calculations of equivalent buying power for Watches, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20.00-2.47%
1999$19.80-1.02%
2000$19.78-0.09%
2001$19.45-1.66%
2002$18.73-3.70%
2003$18.22-2.70%
2004$18.622.17%
2005$18.650.19%
2006$18.911.35%
2007$18.90-0.02%
2008$18.90-0.03%
2009$18.88-0.07%
2010$18.62-1.39%
2011$18.891.46%
2012$19.161.41%
2013$19.682.75%
2014$19.780.52%
2015$19.940.81%
2016$20.975.16%
2017$21.974.75%
2018$22.391.90%
2019$22.470.38%
2020$23.223.33%
2021$24.234.35%
2022$24.712.01%*

* 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
CPI100.000102.392106.062108.808110.138114.900116.085118.777124.508129.054129.762126.662123.531122.269122.154120.131115.685112.562115.000115.215116.769116.744116.707116.622114.997116.671118.312121.569122.202123.188129.550135.698138.271138.794143.414149.648152.652

Adjust watches prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1998 * 1998 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Watches was 123.531 in the year 1998 and 152.652 in 2022:

152.652 / 123.531 * $20 = $24.71

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $24.71 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.

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