According to the U.S. Bureau of Labor Statistics, prices for appliances are 12.77% lower in 2024 versus 1999 (a $2.55 difference in value).
Between 1999 and 2024: Appliances experienced an average inflation rate of -0.54% per year. In other words, appliances costing $20 in the year 1999 would cost $17.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for appliances was significantly lower.
In the year 1999: Pricing changed by -2.46%, which is below the average yearly change for appliances during the 1999-2024 time period. Compared to inflation for all items in 1999 (2.19%), inflation for appliances was much lower.
Below are calculations of equivalent buying power for Appliances, over time, for $20 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1999 | $20.00 | -2.46% |
2000 | $19.70 | -1.48% |
2001 | $19.38 | -1.65% |
2002 | $18.97 | -2.11% |
2003 | $18.31 | -3.50% |
2004 | $17.58 | -3.96% |
2005 | $17.78 | 1.11% |
2006 | $18.02 | 1.38% |
2007 | $18.37 | 1.93% |
2008 | $18.40 | 0.14% |
2009 | $18.64 | 1.30% |
2010 | $17.79 | -4.53% |
2011 | $17.57 | -1.21% |
2012 | $18.03 | 2.57% |
2013 | $17.67 | -1.98% |
2014 | $16.88 | -4.44% |
2015 | $16.22 | -3.92% |
2016 | $15.67 | -3.39% |
2017 | $15.28 | -2.50% |
2018 | $15.50 | 1.46% |
2019 | $15.86 | 2.27% |
2020 | $16.29 | 2.72% |
2021 | $17.29 | 6.14% |
2022 | $18.12 | 4.81% |
2023 | $17.98 | -0.74% |
2024 | $17.45 | -2.99%* |
* 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 | 85.252 |