Nonelectric cookware and tableware priced at $20 in 2003 $18.53 in 2018

Historical Price Inflation for Nonelectric cookware and tableware

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Prices for Nonelectric Cookware And Tableware, 2003-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for nonelectric cookware and tableware were 7.34% lower in 2018 versus 2003 (a $1.47 difference in value).

Between 2003 and 2018: Nonelectric cookware and tableware experienced an average inflation rate of -0.51% per year. In other words, nonelectric cookware and tableware costing $20 in the year 2003 would cost $18.53 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for nonelectric cookware and tableware was lower.

Price Inflation for Nonelectric cookware and tableware since 2003

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2014 (-3.97%), 2015 (-3.12%), and 2008 (2.94%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nonelectric cookware and tableware:

Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 90.533 90.708 91.350 91.100 93.162 95.904 97.135 96.600 97.880 97.657 97.165 93.312 90.402 88.666 86.320 83.885

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Buying power of $20 since 2003

Below are calculations of equivalent buying power for Nonelectric cookware and tableware, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2003 $20.00 -
2004 $20.04 0.19%
2005 $20.18 0.71%
2006 $20.13 -0.27%
2007 $20.58 2.26%
2008 $21.19 2.94%
2009 $21.46 1.28%
2010 $21.34 -0.55%
2011 $21.62 1.33%
2012 $21.57 -0.23%
2013 $21.47 -0.50%
2014 $20.61 -3.97%
2015 $19.97 -3.12%
2016 $19.59 -1.92%
2017 $19.07 -2.65%
2018 $18.53 -2.82%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for nonelectric cookware and tableware, 2003-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2003 * 2003 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Nonelectric cookware and tableware was 90.533 in the year 2003 and 83.885 in 2018:

83.885 / 90.533 * $20 = $18.53

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $18.53 in 2018 (in the CPI category of Nonelectric cookware and tableware).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Nonelectric cookware and tableware in 2003. In addition to nonelectric cookware and tableware, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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