Laundry equipment priced at $500 in 2006 $400.69 in 2020

Laundry Equipment Inflation Calculator

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Prices for Laundry Equipment, 2006-2020 ($500)

According to the U.S. Bureau of Labor Statistics, prices for laundry equipment were 19.86% lower in 2020 versus 2006 (a $99.31 difference in value).

Between 2006 and 2020: Laundry equipment experienced an average inflation rate of -1.57% per year. In other words, laundry equipment costing $500 in the year 2006 would cost $400.69 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.79% during this same period, inflation for laundry equipment was significantly lower.

Price Inflation for Laundry equipment since 2006

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2012 (8.56%), 2014 (-7.38%), and 2018 (6.76%).

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

Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 111.867 115.832 117.340 116.138 110.215 108.344 117.614 113.884 105.484 99.773 93.223 89.707 95.771 94.017 89.648

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Buying power of $500 since 2006

Below are calculations of equivalent buying power for Laundry equipment, over time, for $500 beginning in 2006. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2006 $500.00 -
2007 $517.72 3.54%
2008 $524.47 1.30%
2009 $519.09 -1.02%
2010 $492.62 -5.10%
2011 $484.25 -1.70%
2012 $525.69 8.56%
2013 $509.02 -3.17%
2014 $471.47 -7.38%
2015 $445.95 -5.41%
2016 $416.67 -6.56%
2017 $400.96 -3.77%
2018 $428.06 6.76%
2019 $420.22 -1.83%
2020 $400.69 -4.65%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for laundry equipment, 2006-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2006 * 2006 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Laundry equipment was 111.867 in the year 2006 and 89.648 in 2020:

89.648 / 111.867 * $500 = $400.69

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 2006 has the same "purchasing power" as $400.69 in 2020 (in the CPI category of Laundry equipment).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Laundry equipment in 2006. 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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