Video and audio price inflation, 1993→2023

Video And Audio Inflation Calculator

Prices for Video And Audio, 1993-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for video and audio are 19.42% higher in 2023 versus 1993 (a $3.88 difference in value).

Between 1993 and 2023: Video and audio experienced an average inflation rate of 0.59% per year. In other words, video and audio costing $20 in the year 1993 would cost $23.88 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for video and audio was lower.

Price Inflation for Video and audio since 1993

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

Years with the largest changes in pricing: 2017 (3.19%), 2021 (3.08%), and 1997 (2.90%).

View price changes for other categories
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Buying power of $20.00 since 1993

Below are calculations of equivalent buying power for Video and audio, over time, for $20 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1993	$20.00	-
1994	$19.77	-1.15%
1995	$19.70	-0.35%
1996	$20.02	1.64%
1997	$20.60	2.90%
1998	$20.95	1.69%
1999	$20.87	-0.38%
2000	$20.94	0.30%
2001	$21.03	0.44%
2002	$21.29	1.27%
2003	$21.48	0.86%
2004	$21.59	0.53%
2005	$21.59	-0.03%
2006	$21.67	0.40%
2007	$21.33	-1.56%
2008	$21.27	-0.31%
2009	$20.99	-1.32%
2010	$20.54	-2.13%
2011	$20.39	-0.73%
2012	$20.60	1.03%
2013	$20.66	0.26%
2014	$20.69	0.17%
2015	$20.65	-0.21%
2016	$20.92	1.32%
2017	$21.59	3.19%
2018	$21.59	0.03%
2019	$21.69	0.44%
2020	$22.19	2.31%
2021	$22.87	3.08%
2022	$23.35	2.07%
2023	$23.88	2.30%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Video and audio:

Year	1993	1994	1995	1996	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	2023
CPI	96.508	95.400	95.062	96.623	99.423	101.108	100.723	101.023	101.469	102.754	103.638	104.192	104.162	104.577	102.949	102.632	101.276	99.122	98.401	99.416	99.676	99.842	99.635	100.946	104.168	104.201	104.657	107.078	110.375	112.655	115.246

Adjust video and audio prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1993 * 1993 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Video and audio was 96.508 in the year 1993 and 115.246 in 2023:

115.246 / 96.508 * $20 = $23.88

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1993 has the same "purchasing power" as $23.88 in 2023 (in the CPI category of Video and audio).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Video and audio in 1993. In addition to video and audio, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.