Sports equipment priced at $20 in 2007 $17.89 in 2023

Sports Equipment Inflation Calculator

$

Prices for Sports Equipment, 2007-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sports equipment were 10.56% lower in 2023 versus 2007 (a $2.11 difference in value).

Between 2007 and 2023: Sports equipment experienced an average inflation rate of -0.70% per year. In other words, sports equipment costing $20 in the year 2007 would cost $17.89 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.44% during this same period, inflation for sports equipment was significantly lower.

In the year 2007: Pricing changed by -1.45%, which is below the average yearly change for sports equipment during the 2007-2023 time period. Compared to inflation for all items in 2007 (2.85%), inflation for sports equipment was much lower.

Price Inflation for Sports equipment since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (6.81%), 2021 (6.19%), and 1981 (6.07%).

View price changes for other categories
Houston, Texas · Bananas · Electricity · Indoor plants and flowers · More

Buying power of $20.00 since 2007

Below are calculations of equivalent buying power for Sports equipment, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2007$20.00-1.45%
2008$20.472.34%
2009$20.912.14%
2010$20.29-2.97%
2011$19.33-4.74%
2012$19.10-1.16%
2013$18.63-2.48%
2014$18.19-2.36%
2015$17.65-2.95%
2016$17.42-1.31%
2017$16.96-2.64%
2018$16.51-2.63%
2019$16.18-2.05%
2020$16.09-0.53%
2021$17.086.19%
2022$18.115.98%
2023$17.89-1.20%
2024$17.74-0.82%*

* 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 Sports equipment:

Year19781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI80.73884.58590.34695.83198.908100.377100.72399.56298.992100.838104.854107.423111.777116.508117.669116.908119.238119.131118.562118.023116.269111.108107.038104.738102.015101.15499.95498.85497.59296.17998.434100.54197.55792.93791.85589.57687.46084.88283.77381.56379.41777.78677.37082.15687.06886.01985.314

Adjust sports equipment prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2007 * 2007 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Sports equipment was 96.179 in the year 2007 and 86.019 in 2023:

86.019 / 96.179 * $20 = $17.89

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2007 has the same "purchasing power" as $17.89 in 2023 (in the CPI category of Sports equipment).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Sports equipment in 1978. In addition to sports equipment, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.