Repair of household items priced at $20 in 2000 $45.43 in 2018

Historical Price Inflation for Repair of household items

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Prices for Repair Of Household Items, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for repair of household items were 127.14% higher in 2018 versus 2000 (a $25.43 difference in value).

Between 2000 and 2018: Repair of household items experienced an average inflation rate of 4.66% per year. This rate of change indicates significant inflation. In other words, repair of household items costing $20 in the year 2000 would cost $45.43 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for repair of household items was higher.

In the year 2000: Pricing changed by 4.16%, which is below the average yearly change for repair of household items during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for repair of household items was higher.

Price Inflation for Repair of household items since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2001 (6.97%), 2012 (6.45%), and 2004 (6.38%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Repair of household items:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 101.815 107.177 111.638 119.423 125.138 131.031 139.392 147.377 154.731 161.178 170.031 176.049 181.662 186.677 198.722 206.656 212.405 220.107 226.271 239.330 253.576

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Repair of household items, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 4.16%
2001 $21.39 6.97%
2002 $22.42 4.79%
2003 $23.47 4.71%
2004 $24.97 6.38%
2005 $26.40 5.73%
2006 $27.72 4.99%
2007 $28.87 4.17%
2008 $30.46 5.49%
2009 $31.54 3.54%
2010 $32.54 3.19%
2011 $33.44 2.76%
2012 $35.60 6.45%
2013 $37.02 3.99%
2014 $38.05 2.78%
2015 $39.43 3.63%
2016 $40.54 2.80%
2017 $42.88 5.77%
2018 $45.43 5.95%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for repair of household items, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Repair of household items was 111.638 in the year 2000 and 253.576 in 2018:

253.576 / 111.638 * $20 = $45.43

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $45.43 in 2018 (in the CPI category of Repair of household items).


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

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