Other appliances price inflation, 1997→2023

Other Appliances Inflation Calculator

Prices for Other Appliances, 1997-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other appliances are 22.50% lower in 2023 versus 1997 (a $4.50 difference in value).

Between 1997 and 2023: Other appliances experienced an average inflation rate of -0.98% per year. In other words, other appliances costing $20 in the year 1997 would cost $15.50 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for other appliances was significantly lower.

Price Inflation for Other appliances since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2023 (5.03%), 2010 (-4.98%), and 2004 (-4.87%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Other appliances, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1997	$20.00	-
1998	$20.24	1.18%
1999	$19.48	-3.75%
2000	$18.98	-2.55%
2001	$18.29	-3.64%
2002	$17.46	-4.53%
2003	$16.71	-4.33%
2004	$15.89	-4.87%
2005	$15.58	-1.98%
2006	$15.46	-0.75%
2007	$15.35	-0.69%
2008	$15.06	-1.89%
2009	$15.46	2.62%
2010	$14.69	-4.98%
2011	$14.56	-0.87%
2012	$14.34	-1.51%
2013	$14.12	-1.57%
2014	$13.81	-2.14%
2015	$13.54	-2.00%
2016	$13.25	-2.14%
2017	$13.05	-1.48%
2018	$13.05	0.01%
2019	$13.36	2.38%
2020	$13.64	2.05%
2021	$14.14	3.67%
2022	$14.76	4.38%
2023	$15.50	5.03%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.

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

Year	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
CPI	100.000	101.185	97.392	94.908	91.454	87.308	83.531	79.462	77.885	77.300	76.766	75.315	77.291	73.438	72.798	71.698	70.575	69.063	67.684	66.238	65.257	65.263	66.814	68.186	70.689	73.787	77.496

Adjust other appliances prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1997 * 1997 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Other appliances was 100.000 in the year 1997 and 77.496 in 2023:

77.496 / 100.000 * $20 = $15.50

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $15.50 in 2023 (in the CPI category of Other appliances).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other appliances in 1997. In addition to other appliances, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.