According to the U.S. Bureau of Labor Statistics, prices for video and audio products were 57.94% lower in 2019 versus 2010 (a $11.59 difference in value).
Between 2010 and 2019: Video and audio products experienced an average inflation rate of -9.17% per year. This rate of change indicates significant deflation. In other words, video and audio products costing $20 in the year 2010 would cost $8.41 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.77% during this same period, inflation for video and audio products was significantly lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Video and audio products:
Year | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
CPI | 94.383 | 86.140 | 78.081 | 72.377 | 67.105 | 61.290 | 54.347 | 49.521 | 43.463 | 39.700 |
Below are calculations of equivalent buying power for Video and audio products, over time, for $20 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2010 | $20.00 | - |
2011 | $18.25 | -8.73% |
2012 | $16.55 | -9.36% |
2013 | $15.34 | -7.31% |
2014 | $14.22 | -7.28% |
2015 | $12.99 | -8.67% |
2016 | $11.52 | -11.33% |
2017 | $10.49 | -8.88% |
2018 | $9.21 | -12.23% |
2019 | $8.41 | -8.66%* |