Laundry equipment priced at $500 in 2000 $427.60 in 2018

Historical Price Inflation for Laundry equipment

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Prices for Laundry Equipment, 2000-2018 ($500)

According to the U.S. Bureau of Labor Statistics, prices for laundry equipment were 14.48% lower in 2018 versus 2000 (a $72.40 difference in value).

Between 2000 and 2018: Laundry equipment experienced an average inflation rate of -0.87% per year. In other words, laundry equipment costing $500 in the year 2000 would cost $427.60 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for laundry equipment was lower.

In the year 2000: Pricing changed by 1.20%, which is above the average yearly change for laundry equipment during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for laundry equipment was lower.

Price Inflation for Laundry equipment since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2012 (8.54%), 1980 (7.90%), and 2014 (-7.34%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Laundry equipment:

Year 1977 1978 1979 1980 1981 1982 1983 1984 1985 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
CPI 70.400 72.815 77.623 83.754 89.762 96.269 100.600 103.123 103.992 104.862 104.123 105.069 105.938 107.208 106.154 105.823 106.677 108.977 109.592 111.869 113.062 112.477 110.538 111.862 111.585 110.662 110.792 107.515 110.623 111.854 115.848 117.332 116.154 110.218 108.316 117.565 113.869 105.509 99.809 93.277 89.753 95.663

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Buying power of $500 since 2000

Below are calculations of equivalent buying power for Laundry equipment, over time, for $500 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 $500.00 1.20%
2001 $498.76 -0.25%
2002 $494.64 -0.83%
2003 $495.22 0.12%
2004 $480.57 -2.96%
2005 $494.46 2.89%
2006 $499.97 1.11%
2007 $517.82 3.57%
2008 $524.45 1.28%
2009 $519.19 -1.00%
2010 $492.65 -5.11%
2011 $484.15 -1.73%
2012 $525.49 8.54%
2013 $508.97 -3.14%
2014 $471.60 -7.34%
2015 $446.13 -5.40%
2016 $416.93 -6.54%
2017 $401.18 -3.78%
2018 $427.60 6.59%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for laundry equipment, 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 Laundry equipment was 111.862 in the year 2000 and 95.663 in 2018:

95.663 / 111.862 * $500 = $427.60

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 2000 has the same "purchasing power" as $427.60 in 2018 (in the CPI category of Laundry equipment).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Laundry equipment in 1977. In addition to laundry equipment, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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