Information and information processing priced at $20 in 1993 $14.38 in 2024

Information And Information Processing Inflation Calculator

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Prices for Information And Information Processing, 1993-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for information and information processing are 28.08% lower in 2024 versus 1993 (a $5.62 difference in value).

Between 1993 and 2024: Information and information processing experienced an average inflation rate of -1.06% per year. In other words, information and information processing costing $20 in the year 1993 would cost $14.38 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for information and information processing was significantly lower.

Price Inflation for Information and information processing since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2017 (-5.64%), 2004 (-3.61%), and 2003 (-3.31%).

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 Information and information processing, over time, for $20 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$20.00-
1994$20.190.93%
1995$20.200.08%
1996$20.380.87%
1997$20.550.83%
1998$20.17-1.82%
1999$19.54-3.12%
2000$19.00-2.76%
2001$18.89-0.58%
2002$18.59-1.60%
2003$17.98-3.31%
2004$17.33-3.61%
2005$16.90-2.45%
2006$16.72-1.09%
2007$16.53-1.15%
2008$16.660.78%
2009$16.780.73%
2010$16.69-0.53%
2011$16.37-1.90%
2012$16.29-0.52%
2013$16.15-0.83%
2014$16.01-0.85%
2015$15.64-2.36%
2016$15.44-1.28%
2017$14.57-5.64%
2018$14.33-1.66%
2019$14.17-1.11%
2020$14.411.72%
2021$14.661.77%
2022$14.56-0.69%
2023$14.48-0.58%
2024$14.38-0.66%*

* 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 Information and information processing:

Year19931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI97.68598.59298.66999.523100.35498.52395.45492.82392.28590.80887.80084.63182.56281.66280.72081.35281.94481.51379.96479.54978.89178.21976.37375.39871.14869.96869.19070.38071.62371.13270.72270.257

Adjust information and information processing prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1993 * 1993 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Information and information processing was 97.685 in the year 1993 and 70.257 in 2024:

70.257 / 97.685 * $20 = $14.38

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1993 has the same "purchasing power" as $14.38 in 2024 (in the CPI category of Information and information processing).


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

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