Watches priced at $20 in 2002 $26.76 in 2023

Watches Inflation Calculator

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Prices for Watches, 2002-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for watches are 33.80% higher in 2023 versus 2002 (a $6.76 difference in value).

Between 2002 and 2023: Watches experienced an average inflation rate of 1.40% per year. In other words, watches costing $20 in the year 2002 would cost $26.76 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for watches was lower.

In the year 2002: Pricing changed by -3.70%, which is significantly below the average yearly change for watches during the 2002-2023 time period. Compared to inflation for all items in 2002 (1.59%), 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%).

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Buying power of $20.00 since 2002

Below are calculations of equivalent buying power for Watches, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$20.00-3.70%
2003$19.46-2.70%
2004$19.882.17%
2005$19.920.19%
2006$20.191.35%
2007$20.18-0.02%
2008$20.18-0.03%
2009$20.16-0.07%
2010$19.88-1.39%
2011$20.171.46%
2012$20.451.41%
2013$21.022.75%
2014$21.130.52%
2015$21.300.81%
2016$22.405.16%
2017$23.464.75%
2018$23.901.90%
2019$24.000.38%
2020$24.793.33%
2021$25.874.35%
2022$26.351.85%
2023$26.761.56%*

* 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:

Year19861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.000102.392106.062108.808110.138114.900116.085118.777124.508129.054129.762126.662123.531122.269122.154120.131115.685112.562115.000115.215116.769116.744116.707116.622114.997116.671118.312121.569122.202123.188129.550135.698138.271138.794143.414149.648152.410154.788

Adjust watches prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2002 * 2002 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Watches was 115.685 in the year 2002 and 154.788 in 2023:

154.788 / 115.685 * $20 = $26.76

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $26.76 in 2023 (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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