Personal computers and peripheral equipment price inflation, 1997→2022

Personal Computers And Peripheral Equipment Inflation Calculator

Prices for Personal Computers And Peripheral Equipment, 1997-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for personal computers and peripheral equipment are 96.44% lower in 2022 versus 1997 (a $19.29 difference in value).

Between 1997 and 2022: Personal computers and peripheral equipment experienced an average inflation rate of -12.49% per year. This rate of change indicates significant deflation. In other words, personal computers and peripheral equipment costing $20 in the year 1997 would cost $0.71 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.33% during this same period, inflation for personal computers and peripheral equipment was significantly lower.

Price Inflation for Personal computers and peripheral equipment since 1997

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

Years with the largest changes in pricing: 1999 (-31.61%), 2001 (-28.05%), and 2002 (-24.97%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Personal computers and peripheral 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	$15.64	-21.80%
1999	$10.70	-31.61%
2000	$8.21	-23.22%
2001	$5.91	-28.05%
2002	$4.43	-24.97%
2003	$3.51	-20.73%
2004	$3.06	-13.07%
2005	$2.56	-16.08%
2006	$2.16	-15.60%
2007	$1.94	-10.46%
2008	$1.70	-12.42%
2009	$1.47	-13.31%
2010	$1.37	-7.20%
2011	$1.23	-9.79%
2012	$1.11	-9.53%
2013	$1.01	-8.94%
2014	$0.94	-7.33%
2015	$0.86	-8.92%
2016	$0.79	-7.26%
2017	$0.76	-4.20%
2018	$0.73	-4.03%
2019	$0.70	-3.62%
2020	$0.68	-2.72%
2021	$0.70	2.93%
2022	$0.71	1.06%*

* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Personal computers and peripheral 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
CPI	1119.000	875.023	598.454	459.515	330.608	248.069	196.654	170.954	143.462	121.077	108.409	94.944	82.304	76.377	68.901	62.334	56.759	52.597	47.905	44.428	42.564	40.849	39.371	38.300	39.422	39.839

Adjust personal computers and peripheral equipment prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Personal computers and peripheral equipment was 1119.000 in the year 1997 and 39.839 in 2022:

39.839 / 1119.000 * $20 = $0.71

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $0.71 in 2022 (in the CPI category of Personal computers and peripheral equipment).

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