According to the U.S. Bureau of Labor Statistics, prices for information and information processing are 28.19% lower in 2024 versus 1993 (a $5.64 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 $14.36 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.
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:
Year | USD Value | Inflation Rate |
---|---|---|
1993 | $20.00 | - |
1994 | $20.19 | 0.93% |
1995 | $20.20 | 0.08% |
1996 | $20.38 | 0.87% |
1997 | $20.55 | 0.83% |
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 | $16.66 | 0.78% |
2009 | $16.78 | 0.73% |
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 | $14.41 | 1.72% |
2021 | $14.66 | 1.77% |
2022 | $14.56 | -0.69% |
2023 | $14.48 | -0.58% |
2024 | $14.36 | -0.81%* |
* 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:
Year | 1993 | 1994 | 1995 | 1996 | 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 | 97.685 | 98.592 | 98.669 | 99.523 | 100.354 | 98.523 | 95.454 | 92.823 | 92.285 | 90.808 | 87.800 | 84.631 | 82.562 | 81.662 | 80.720 | 81.352 | 81.944 | 81.513 | 79.964 | 79.549 | 78.891 | 78.219 | 76.373 | 75.398 | 71.148 | 69.968 | 69.190 | 70.380 | 71.623 | 71.132 | 70.722 | 70.150 |