According to the U.S. Bureau of Labor Statistics, prices for medical equipment and supplies are 10.79% higher in 2024 versus 2009 (a $2.16 difference in value).
Between 2009 and 2024: Medical equipment and supplies experienced an average inflation rate of 0.69% per year. In other words, medical equipment and supplies costing $20 in the year 2009 would cost $22.16 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for medical equipment and supplies was lower.
Below are calculations of equivalent buying power for Medical equipment and supplies, over time, for $20 beginning in 2009. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2009 | $20.00 | - |
2010 | $19.82 | -0.92% |
2011 | $19.87 | 0.27% |
2012 | $20.12 | 1.24% |
2013 | $20.20 | 0.44% |
2014 | $20.09 | -0.54% |
2015 | $19.95 | -0.73% |
2016 | $19.85 | -0.47% |
2017 | $19.92 | 0.32% |
2018 | $20.03 | 0.57% |
2019 | $20.44 | 2.02% |
2020 | $19.88 | -2.74% |
2021 | $19.25 | -3.17% |
2022 | $20.28 | 5.38% |
2023 | $21.86 | 7.77% |
2024 | $22.16 | 1.37%* |
* 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 Medical equipment and supplies:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 99.077 | 99.347 | 100.584 | 101.022 | 100.473 | 99.740 | 99.272 | 99.587 | 100.159 | 102.184 | 99.381 | 96.230 | 101.411 | 109.291 | 110.789 |