According to the U.S. Bureau of Labor Statistics, prices for education and communication commodities are 44% lower in 2024 versus 2009 (a $8.80 difference in value).
Between 2009 and 2024: Education and communication commodities experienced an average inflation rate of -3.79% per year. This rate of change indicates significant deflation. In other words, education and communication commodities costing $20 in the year 2009 would cost $11.20 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for education and communication commodities was significantly lower.
Below are calculations of equivalent buying power for Education and communication commodities, over time, for $20 beginning in 2009. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2009 | $20.00 | - |
2010 | $19.80 | -1.00% |
2011 | $19.11 | -3.47% |
2012 | $18.54 | -2.99% |
2013 | $17.97 | -3.07% |
2014 | $17.38 | -3.28% |
2015 | $16.68 | -4.05% |
2016 | $16.00 | -4.09% |
2017 | $15.54 | -2.85% |
2018 | $15.10 | -2.83% |
2019 | $14.37 | -4.86% |
2020 | $13.73 | -4.46% |
2021 | $13.62 | -0.75% |
2022 | $12.88 | -5.44% |
2023 | $11.82 | -8.25% |
2024 | $11.20 | -5.23%* |
* 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 Education and communication commodities:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 99.002 | 95.562 | 92.707 | 89.864 | 86.916 | 83.400 | 79.988 | 77.709 | 75.513 | 71.839 | 68.638 | 68.121 | 64.413 | 59.098 | 56.005 |