Photographic equipment priced at $20 in 2004 $6.72 in 2018

Historical Price Inflation for Photographic equipment

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Prices for Photographic Equipment, 2004-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for photographic equipment were 66.40% lower in 2018 versus 2004 (a $13.28 difference in value).

Between 2004 and 2018: Photographic equipment experienced an average inflation rate of -7.50% per year. This rate of change indicates significant deflation. In other words, photographic equipment costing $20 in the year 2004 would cost $6.72 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.05% during this same period, inflation for photographic equipment was significantly lower.

Price Inflation for Photographic equipment since 2004

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2007 (-18.84%), 2006 (-12.67%), and 2008 (-11.84%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Photographic equipment:

Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 66.392 58.625 51.200 41.553 36.632 34.748 32.136 29.995 28.238 26.258 24.666 22.672 21.999 22.902 22.305

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Buying power of $20 since 2004

Below are calculations of equivalent buying power for Photographic equipment, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2004 $20.00 -
2005 $17.66 -11.70%
2006 $15.42 -12.67%
2007 $12.52 -18.84%
2008 $11.04 -11.84%
2009 $10.47 -5.14%
2010 $9.68 -7.52%
2011 $9.04 -6.66%
2012 $8.51 -5.86%
2013 $7.91 -7.01%
2014 $7.43 -6.06%
2015 $6.83 -8.08%
2016 $6.63 -2.97%
2017 $6.90 4.10%
2018 $6.72 -2.61%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for photographic equipment, 2004-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2004 * 2004 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Photographic equipment was 66.392 in the year 2004 and 22.305 in 2018:

22.305 / 66.392 * $20 = $6.72

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $6.72 in 2018 (in the CPI category of Photographic equipment).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Photographic equipment in 2004. In addition to photographic equipment, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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