Information and information processing priced at $20 in 2000 $15.09 in 2018

Historical Price Inflation for Information and information processing

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Prices for Information And Information Processing, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for information and information processing were 24.54% lower in 2018 versus 2000 (a $4.91 difference in value).

Between 2000 and 2018: Information and information processing experienced an average inflation rate of -1.55% per year. In other words, information and information processing costing $20 in the year 2000 would cost $15.09 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for information and information processing was significantly lower.

In the year 2000: Pricing changed by -2.76%, which is below the average yearly change for information and information processing during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for information and information processing was much lower.

Price Inflation for Information and information processing since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2017 (-5.64%), 2004 (-3.61%), and 2003 (-3.31%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Information and information processing:

Year 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
CPI 97.685 98.592 98.669 99.523 100.354 98.523 95.454 92.823 92.285 90.808 87.800 84.631 82.562 81.662 80.720 81.352 81.944 81.513 79.964 79.549 78.891 78.219 76.373 75.398 71.148 70.044

View price changes for other categories
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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Information and information processing, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 -2.76%
2001 $19.88 -0.58%
2002 $19.57 -1.60%
2003 $18.92 -3.31%
2004 $18.23 -3.61%
2005 $17.79 -2.45%
2006 $17.60 -1.09%
2007 $17.39 -1.15%
2008 $17.53 0.78%
2009 $17.66 0.73%
2010 $17.56 -0.53%
2011 $17.23 -1.90%
2012 $17.14 -0.52%
2013 $17.00 -0.83%
2014 $16.85 -0.85%
2015 $16.46 -2.36%
2016 $16.25 -1.28%
2017 $15.33 -5.64%
2018 $15.09 -1.55%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for information and information processing, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Information and information processing was 92.823 in the year 2000 and 70.044 in 2018:

70.044 / 92.823 * $20 = $15.09

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $15.09 in 2018 (in the CPI category of Information and information processing).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Information and information processing in 1993. In addition to information and information processing, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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