According to the U.S. Bureau of Labor Statistics, prices for watches are 10.07% higher in 2024 versus 2020 (a $2.01 difference in value).
Between 2020 and 2024: Watches experienced an average inflation rate of 2.43% per year. This rate of change indicates significant inflation. In other words, watches costing $20 in the year 2020 would cost $22.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.91% during this same period, inflation for watches was lower.
In the year 2020: Pricing changed by 3.33%, which is above the average yearly change for watches during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for watches was higher.
Below are calculations of equivalent buying power for Watches, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $20.00 | 3.33% |
| 2021 | $20.87 | 4.35% |
| 2022 | $21.25 | 1.85% |
| 2023 | $21.41 | 0.72% |
| 2024 | $22.01 | 2.84%* |
* 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:
| Year | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 2023 | 2024 |
| CPI | 100.000 | 102.392 | 106.062 | 108.808 | 110.138 | 114.900 | 116.085 | 118.777 | 124.508 | 129.054 | 129.762 | 126.662 | 123.531 | 122.269 | 122.154 | 120.131 | 115.685 | 112.562 | 115.000 | 115.215 | 116.769 | 116.744 | 116.707 | 116.622 | 114.997 | 116.671 | 118.312 | 121.569 | 122.202 | 123.188 | 129.550 | 135.698 | 138.271 | 138.794 | 143.414 | 149.648 | 152.410 | 153.505 | 157.857 |