Major appliances priced at $20 in 2006 $17.11 in 2018

Historical Price Inflation for Major appliances

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Prices for Major Appliances, 2006-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for major appliances were 14.46% lower in 2018 versus 2006 (a $2.89 difference in value).

Between 2006 and 2018: Major appliances experienced an average inflation rate of -1.29% per year. In other words, major appliances costing $20 in the year 2006 would cost $17.11 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.85% during this same period, inflation for major appliances was significantly lower.

Price Inflation for Major appliances since 2006

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2014 (-6.13%), 2012 (5.50%), and 2015 (-5.47%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Major appliances:

Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 96.275 99.919 101.397 101.920 97.561 96.181 101.473 99.160 93.079 87.989 83.190 79.287 82.355

View price changes for other categories
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Buying power of $20 since 2006

Below are calculations of equivalent buying power for Major appliances, over time, for $20 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 $20.00 -
2007 $20.76 3.78%
2008 $21.06 1.48%
2009 $21.17 0.52%
2010 $20.27 -4.28%
2011 $19.98 -1.41%
2012 $21.08 5.50%
2013 $20.60 -2.28%
2014 $19.34 -6.13%
2015 $18.28 -5.47%
2016 $17.28 -5.45%
2017 $16.47 -4.69%
2018 $17.11 3.87%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for major appliances, 2006-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2006 * 2006 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Major appliances was 96.275 in the year 2006 and 82.355 in 2018:

82.355 / 96.275 * $20 = $17.11

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2006 has the same "purchasing power" as $17.11 in 2018 (in the CPI category of Major appliances).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Major appliances in 2006. In addition to major appliances, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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