According to the U.S. Bureau of Labor Statistics, prices for other video equipment are 91.56% lower in 2024 versus 1997 (a $18.31 difference in value).
Between 1997 and 2024: Other video equipment experienced an average inflation rate of -8.75% per year. This rate of change indicates significant deflation. In other words, other video equipment costing $20 in the year 1997 would cost $1.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for other video equipment was significantly lower.
Below are calculations of equivalent buying power for Other video equipment, 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 | $18.59 | -7.03% |
1999 | $15.76 | -15.24% |
2000 | $12.98 | -17.64% |
2001 | $10.65 | -17.97% |
2002 | $9.30 | -12.70% |
2003 | $7.95 | -14.52% |
2004 | $7.00 | -11.89% |
2005 | $6.18 | -11.78% |
2006 | $5.37 | -13.05% |
2007 | $4.72 | -12.11% |
2008 | $4.09 | -13.30% |
2009 | $3.65 | -10.71% |
2010 | $3.21 | -12.24% |
2011 | $2.80 | -12.69% |
2012 | $2.47 | -11.85% |
2013 | $2.26 | -8.37% |
2014 | $2.23 | -1.53% |
2015 | $2.14 | -4.09% |
2016 | $2.06 | -3.51% |
2017 | $1.99 | -3.59% |
2018 | $1.93 | -2.89% |
2019 | $1.93 | -0.10% |
2020 | $1.94 | 0.59% |
2021 | $1.97 | 1.60% |
2022 | $1.87 | -5.18% |
2023 | $1.80 | -3.87% |
2024 | $1.69 | -6.01%* |
* 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 video equipment:
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 | 2024 |
CPI | 100.000 | 92.969 | 78.800 | 64.900 | 53.238 | 46.477 | 39.731 | 35.008 | 30.885 | 26.854 | 23.602 | 20.462 | 18.270 | 16.033 | 13.998 | 12.339 | 11.307 | 11.134 | 10.678 | 10.303 | 9.933 | 9.646 | 9.636 | 9.693 | 9.848 | 9.338 | 8.977 | 8.438 |