Trends

What Inflation? Products That Cost Less Today Than in 2000

Most people find it difficult to stifle a yawn when discussing economic terms and trends, but there is one concept we’re all too familiar with: inflation. Because of inflation, what you could buy for $10 in 2000 would cost you, on average, $12.67 today.  

You may be surprised to hear, though, that not all prices have increased over the past ten years.  As WalletPop.com recently found, certain items or services are actually cheaper today compared with their 2000 price adjusted for inflation through 2010. Mint.com partnered with WalletPop to produce the infographic above, which gives you 20 products where your dollar goes further today than it did 10 years ago. (The only item not adjusted for inflation is the $200,000 total mortgage payout value, which is based on a 30-year mortgage with a fixed interest rate and is therefore not affected by rising prices.) For more details on each item, read 20 Products That Are Cheaper Today Than 10 Years Ago on WalletPop.com.