Telephone hardware, calculators, and other consumer information items priced at $20 in 2000 $5.05 in 2018

Historical Price Inflation for Telephone hardware, calculators, and other consumer information items

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Prices for Telephone Hardware, Calculators, And Other Consumer Information Items, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for telephone hardware, calculators, and other consumer information items were 74.76% lower in 2018 versus 2000 (a $14.95 difference in value).

Between 2000 and 2018: Telephone hardware, calculators, and other consumer information items experienced an average inflation rate of -7.36% per year. This rate of change indicates significant deflation. In other words, telephone hardware, calculators, and other consumer information items costing $20 in the year 2000 would cost $5.05 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for telephone hardware, calculators, and other consumer information items was significantly lower.

In the year 2000: Pricing changed by -9.84%, which is below the average yearly change for telephone hardware, calculators, and other consumer information items during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for telephone hardware, calculators, and other consumer information items was much lower.

Price Inflation for Telephone hardware, calculators, and other consumer information items since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2015 (-13.03%), 1999 (-11.20%), and 2016 (-10.82%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Telephone hardware, calculators, and other consumer information 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 95.077 84.431 76.123 68.338 62.200 55.515 49.754 45.792 41.669 38.613 36.964 35.312 34.013 32.863 31.101 29.561 27.567 23.974 21.381 20.223 19.217

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Telephone hardware, calculators, and other consumer information 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 -9.84%
2001 $17.95 -10.23%
2002 $16.34 -8.98%
2003 $14.59 -10.75%
2004 $13.07 -10.38%
2005 $12.03 -7.96%
2006 $10.95 -9.00%
2007 $10.14 -7.34%
2008 $9.71 -4.27%
2009 $9.28 -4.47%
2010 $8.94 -3.68%
2011 $8.63 -3.38%
2012 $8.17 -5.36%
2013 $7.77 -4.95%
2014 $7.24 -6.74%
2015 $6.30 -13.03%
2016 $5.62 -10.82%
2017 $5.31 -5.41%
2018 $5.05 -4.98%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for telephone hardware, calculators, and other consumer information 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 Telephone hardware, calculators, and other consumer information items was 76.123 in the year 2000 and 19.217 in 2018:

19.217 / 76.123 * $20 = $5.05

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $5.05 in 2018 (in the CPI category of Telephone hardware, calculators, and other consumer information items).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Telephone hardware, calculators, and other consumer information items in 1997. In addition to telephone hardware, calculators, and other consumer information 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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