According to the U.S. Bureau of Labor Statistics, prices for appliances are 14.91% lower in 2024 versus 1997 (a $2.98 difference in value).
Between 1997 and 2024: Appliances experienced an average inflation rate of -0.60% per year. In other words, appliances costing $20 in the year 1997 would cost $17.02 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for appliances was significantly lower.
Below are calculations of equivalent buying power for Appliances, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1997 | $20.00 | - |
| 1998 | $20.04 | 0.20% |
| 1999 | $19.55 | -2.46% |
| 2000 | $19.26 | -1.48% |
| 2001 | $18.94 | -1.65% |
| 2002 | $18.54 | -2.11% |
| 2003 | $17.89 | -3.50% |
| 2004 | $17.18 | -3.96% |
| 2005 | $17.37 | 1.11% |
| 2006 | $17.61 | 1.38% |
| 2007 | $17.95 | 1.93% |
| 2008 | $17.98 | 0.14% |
| 2009 | $18.21 | 1.30% |
| 2010 | $17.39 | -4.53% |
| 2011 | $17.18 | -1.21% |
| 2012 | $17.62 | 2.57% |
| 2013 | $17.27 | -1.98% |
| 2014 | $16.50 | -4.44% |
| 2015 | $15.85 | -3.92% |
| 2016 | $15.32 | -3.39% |
| 2017 | $14.93 | -2.50% |
| 2018 | $15.15 | 1.46% |
| 2019 | $15.50 | 2.27% |
| 2020 | $15.92 | 2.72% |
| 2021 | $16.90 | 6.14% |
| 2022 | $17.71 | 4.81% |
| 2023 | $17.58 | -0.74% |
| 2024 | $17.02 | -3.18%* |
* 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 Appliances:
| Year | 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 | 2024 |
| CPI | 100.000 | 100.200 | 97.731 | 96.285 | 94.700 | 92.700 | 89.454 | 85.915 | 86.869 | 88.069 | 89.769 | 89.896 | 91.063 | 86.934 | 85.878 | 88.083 | 86.342 | 82.509 | 79.272 | 76.586 | 74.670 | 75.759 | 77.482 | 79.592 | 84.478 | 88.538 | 87.879 | 85.085 |