industry benchmark survey including charge out rates 2020
TRANSCRIPT
1
Industry Benchmark Survey including Charge Out Rates 2020 National Report
This report contains historical data, allowing you to view industry trends for 2020 and earlier (where data is available). This
includes charge out rates, service fees, travelling fees and mark-up.
Data has been aggregated and all individual responses have been de-identified. Please note contractors must set their own
prices, Master Electricians Australia does not authorise the data or provide a recommended pricing schedule.
The following report provides an overview of the results of a benchmarking survey undertaken by Master Electricians Australia
in early 2021 covering more than 600 responses.
Executive Summary
Business Profile
Of survey respondents, there has been an increase in the business categories of 2-5 staff (+3%) and 6-10 staff (+3%) compared
to the 2019 Industry Benchmark Survey.
The most common types of work continues to be Domestic, Commercial and Service/Maintenance, while the proportion of
respondents working in Security (domestic) has seen a 12% increase and Refrigeration by 20% compared to 2019.
Charges and Fees
Profit margins, wages and overheads remain the main factors for determining charge out rates. Expenditure increase on
materials and overheads for most respondents continues to grow on average by 10%. While Labour expenditure has either
stayed the same or decreased in expenditure for 48% of respondents.
Across almost all sectors, there has been an increase in charge out rates for Sole Traders, Supervisors/Managers and
Tradespersons. However, Trade Assistants, Apprentices and Administration/Clerical staff have seen a decline in charge out rates.
Industrial Maintenance has seen the highest percentage growth, by 2.5% on average compared to data collected in 2019. By job
type, Sole Traders have seen the highest increase, by 4.5%.
Business Challenges
For the coming 12 months, despite the impacts of COVID-19, respondents ranked Safety as the most important challenge for the
2nd year in a row.
Economic Conditions has also seen an increase in importance, moving from 6th to 5th along with Skills Shortage moving to the 8th
most important challenge. Beyond this, the relative importance of categories has remained consistent since 2019, with Cash
Flow, Controlling Finances and Debtor management still key business challenges.
2
Contents Industry Benchmark Survey including Charge Out Rates 2020 National Report ................................................................................ 1
Executive Summary ............................................................................................................................................................................. 1
Part 1 – Business Profile ...................................................................................................................................................................... 3
Company Size ................................................................................................................................................................................. 3
Business Location ........................................................................................................................................................................... 3
Length of Business Operation ......................................................................................................................................................... 3
Type of Work .................................................................................................................................................................................. 3
Part Two – Charges and Fees .............................................................................................................................................................. 4
Charge per Hour or Quote per Job ................................................................................................................................................. 5
Identifying Charge Out Rates to Customers ................................................................................................................................... 5
Service Fees .................................................................................................................................................................................... 5
Travelling Time ............................................................................................................................................................................... 5
Loading for After Hours and Emergency Callout ............................................................................................................................ 6
Average Mark Up % on Trade Price Materials ................................................................................................................................ 6
Expenditure .................................................................................................................................................................................... 7
Charge Out Rates ................................................................................................................................................................................ 8
Part Three – Business Challenges ..................................................................................................................................................... 10
Appendix One – Charge Out Rates By Work Type ............................................................................................................................ 11
Appendix Two – Charge Out Rates By Job Classification .................................................................................................................. 14
3
0
100
200
300
400
500
600
22%
48%
16%
10%
3% 1%
1 Staff
2 - 5 Staff
6 - 10 Staff
11 - 25 Staff
26-50 Staff
51-100 Staff
44%
36%
20%Metro
Regional
Both regional andmetro
Part 1 – Business Profile COMPANY SIZE BUSINESS LOCATION
The percentage of respondents by business size is as follows:
The percentage of respondents located in a metro or regional area is as fol lows:
• The proportion of respondents who identified they are sole operators has decreased by 2% since 2019. This has been reflected in a proportionate increase in 2-5 (+3%), 6-10 (3%) staff businesses.
• Respondents location continues to be relatively evenly distributed between metro and regional.
• The proportion of respondents who have been in operation for more than 10 years decreased by 11% from 2019. This has reflected growth in the categories of under 12 months (+3%) 1-5 years (+4%) and 6-10 years (+4%).
LENGTH OF BUSINESS OPERATION The percentage of respondents by length of business operation is as fol lows:
TYPE OF WORK The percentage of respondents operating in the fol lowing types of work is:
• Domestic, Commercial, Service/Maintenance, Small/Medium Construction, and Industrial remain the most common
types of work undertaken.
• Security (domestic) has seen a 12% growth, and Refrigeration a 20% compared to the 2019 survey.
5%
24%
18%53%
Under 12 months
1 - 5 years
6 - 10 years
Over 10 years
4
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
VeryImportant
Important SomewhatImportant
LowImportance
NotImportant
Customers Expectations
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
VeryImportant
Important SomewhatImportant
LowImportance
NotImportant
Overheads
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
VeryImportant
Important SomewhatImportant
LowImportance
NotImportant
Wages
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
VeryImportant
Important SomewhatImportant
LowImportance
NotImportant
Profit Margin
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
VeryImportant
Important SomewhatImportant
LowImportance
NotImportant
Calculated Over expenses
0.00%
10.00%
20.00%
30.00%
40.00%
VeryImportant
Important SomewhatImportant
LowImportance
NotImportant
Competitor Pricing
Part Two – Charges and Fees Respondents identified the level of importance of the six fol lowing factors as below:
▪ There appears to be limited importance in competitor pricing when
determining charges and fees.
▪ The number of respondents who listed Profit Margins as very important
fell by 5%. While the number who listed Calculated Over Expenses as Very
Important or Important fell be 10% since 2019.
5
46%
41%
12%
1%
Hourly Rate
Quote per job
Charge by point
Other
9%
33%
3%28%
27%No
On request only
Other (please specify)
Yes, when invoicing
Yes, when quoting
48%
15%2%
10%
9%
16% No
Varies
Yes, $1-$25
Yes, $26-$50
Yes, $51-$70
Yes, Over $70
35%
16%8%
29%
5%7%
No
Varies
Yes, flat rate
Yes, normal hourlyrate
Yes, other - pleasespecify
CHARGE PER HOUR OR QUOTE PER JOB IDENTIFYING CHARGE OUT RATES TO CUSTOMERS The percentage of respondents who charge by the hour or quote per job is:
The percentage of respondents who identify their charge out rate to their customers is:
• 73% of respondents don’t identify their charge out rate to customers when quoting (33% of these will if requested).
• There has been a 2% increase in the proportion of respondents who quote per job since 2019
SERVICE FEES TRAVELLING TIME The percentage of respondents who charge a service fee, in addition to hourly rates is :
The percentage of respondents who charge an additional fee for travell ing time is:
• In the 2020 survey 48% of respondents did not charge a service fee compared to 43% in 2019.
• 65% of respondents choose to charge some form of additional fee based on their travel time. This has remained largely
consistent with 2019 data.
6
16%
24%
8%
12%
7%
10%
23%No
Varies
Yes, 10-20%
Yes, 21-30%
Yes, 31-40%
Yes, 41-50%
Yes, 50%+
1%
8%
25%
37%
23%
5%
1%
Nil
1-10%
11-20%
21-30%
31-50%
51-80%
100%+
LOADING FOR AFTER HOURS AND EMERGENCY CALLOUTS AVERAGE MARK UP % ON TRADE PRICE MATERIALS
The percentage of respondents who charge an additional fee for after hours or emergency cal louts is:
Respondents indicated the fol lowing mark up percentage on the trade price of materials:
• There has been a 2% increase in respondents who do not charge for emergency callouts. Excluding the option of ‘varies’
the 2nd most common fee ranged between 21-30%, with the most common being more than +50% for emergency call
outs.
• There has been an increase in Average mark ups on trade price materials since 2019. With respondents shifting from
mark ups of 1-10% (-2%) and 11-20% (-4%) to 23-30% (+4%) and 31-50% (+3%).
7
0%
5%
10%
15%
20%
25%
30%
35%
Less No change 10% 25% 50% 100%+
Materials
0%
5%
10%
15%
20%
25%
30%
35%
40%
Less Nochange
10% 25% 50% 100%+
Labour
0%
10%
20%
30%
40%
50%
Less Nochange
10% 25% 50% 100%+
Overheads
EXPENDITURE The percentage of respondents whose expenditure on the fol lowing areas has changed compared to 12 months ago is:
• Key changes in each category are:
o There has been a 5.4% increase in respondents who have spent less on materials.
o 52% of respondents have reported no change, or a decrease in their labour expenditure. This figure has increased by 4.4% compared to 2019.
o 43.4% of respondents have reported no change, or a decrease in overheads. This figure is an 8.1% increase from 2019 data.
8
Charge Out Rates Note: All prices are inclusive of GST.
2020 Sole Trader / Partner
Supervisor / Manager Tradesperson
Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice
Team / Apprentice + Trades
Administration / Clerical
Domestic $96.02 $107.30 $96.03 $61.70 $46.96 $54.38 $59.86 $69.57 $150.58 $57.35
New Residential $96.02 $100.64 $92.60 $61.00 $45.93 $54.13 $58.91 $67.93 $150.50 $56.55
Commercial $105.06 $112.26 $98.75 $62.71 $49.41 $55.72 $60.99 $70.03 $150.11 $63.17
Construction $98.04 $110.60 $95.75 $65.16 $50.04 $56.45 $61.03 $69.40 $147.54 $61.85
Industrial Maintenance $104.04 $115.75 $100.29 $66.59 $50.41 $59.43 $64.87 $73.42 $150.13 $66.26
Air-conditioning and Refrigeration $97.71 $104.58 $100.04 $60.58 $48.45 $54.65 $59.28 $67.50 $150.06 $56.13
Data and Communications $100.85 $108.67 $99.43 $66.13 $46.86 $53.57 $58.25 $68.64 $150.60 $65.26
Appliance $96.22 $98.35 $96.53 $60.17 $44.54 $51.40 $56.75 $64.93 $142.58 $54.00
% Change (compared to 2019)
Sole Trader / Partner
Supervisor / Manager Tradesperson
Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice
Team / Apprentice + Trades
Administration / Clerical
Domestic 1.54% 4.46% 3.00% -3.72% 1.01% -2.27% -3.42% -1.63% 3.58% -10.61%
New Residential 6.23% 0.42% 1.39% -0.06% 0.50% -1.47% -4.30% -6.81% 5.20% -12.62%
Commercial 8.46% 5.13% 3.81% -6.31% 1.48% -3.49% -2.45% -3.03% 4.17% -0.40%
Construction 5.11% 7.88% 2.67% -2.95% 3.82% -2.44% -3.19% -3.27% 9.05% -4.28%
Industrial Maintenance 6.33% 4.68% 2.61% 1.13% 4.34% 2.80% 1.80% -0.43% 2.13% -0.28%
Airconditioning and Refrigeration 1.25% -0.89% 1.42% -5.98% -2.15% -10.73% -10.47% -15.63% -2.56% -11.02%
Data and Communications 5.12% 0.25% 2.35% 2.92% -3.34% -8.78% -8.21% -7.41% -0.74% -3.63%
Appliance 3.70% 3.60% 1.99% -4.50% -4.67% -8.21% -11.60% -15.62% 0.85% -2.92%
Legend:
- Increase - Decrease
9
2019 Pricing Sole Trader / Partner
Supervisor / Manager Tradesperson
Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice
Team / Apprentice + Trades
Administration / Clerical
Domestic $94.56 $102.72 $93.23 $64.08 $46.49 $55.64 $61.97 $70.72 $145.38 $64.16
New Residential $90.39 $100.22 $91.33 $61.04 $45.70 $54.94 $61.56 $72.89 $143.07 $64.71
Commercial $96.86 $106.78 $95.12 $66.94 $48.69 $57.73 $62.52 $72.22 $144.11 $63.42
Construction $93.28 $102.52 $93.27 $67.14 $48.20 $57.86 $63.04 $71.75 $135.29 $64.61
Industrial Maintenance $97.85 $110.57 $97.74 $65.84 $48.31 $57.81 $63.72 $73.74 $147.00 $66.44
Airconditioning and Refrigeration $96.50 $105.52 $98.65 $64.44 $49.52 $61.22 $66.21 $80.00 $154.00 $63.08
Data and Communications $95.93 $108.39 $97.14 $64.25 $48.48 $58.73 $63.46 $74.13 $151.72 $67.72
Appliance $92.78 $94.93 $94.65 $63.00 $46.72 $56.00 $64.20 $76.94 $141.38 $55.63
- Across almost all sectors, there has been an increase in charge out rates for Sole Traders, Supervisors/Managers and Tradespersons. However, Trade Assistants, Apprentices
and Administration/Clerical staff have seen a decline in charge out rates.
- Industrial Maintenance has seen the highest percentage growth, by 2.5% on average compared to data collected in 2019. By job type, Sole Traders have seen the highest
increase, by 4.5%.
10
Finding apprentices
Cost of financing / borrowing
Cost of electricity
Energy efficiency
Cost of fuel
Transport costs
Competition
Energy retailer issues
Construction industry activity
Regulatory impact
Workplace relations issues
Skills shortage
Finding clients
Quality of suppliers
Economic conditions
Debtor management
Controlling finances
Cash flow
Safety
Business Challenging for coming 12 months
Very Important Important Somewhat Important Low Importance Not Important
Part Three – Business Challenges
Respondents have indicated the level of importance of business challenges over the next 12 months.
• Despite growing importance of economic conditions (+1.63% growth compared to 2019 for Very Important and Important categories), Safety remains the most
listed challenge for the coming 12 months, with 92% rating it as either Important or Very Important. The proportion of respondents who rated Skills Shortage as
either Very Important or Important grew by 3.54%.
11
Appendix One – Charge Out Rates By Work Type Work Type: Air-conditioning and Refrigeration
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
2019 $96.50 $105.52 $98.65 $64.44 $49.52 $61.22 $66.21 $80.00 $154.00 $63.08
2020 $97.71 $104.58 $100.04 $60.58 $48.45 $54.65 $59.28 $67.50 $150.06 $56.13
Change 1.25% -0.89% 1.42% -5.98% -2.15% -10.73% -10.47% -15.63% -2.56% -11.02%
Work Type: Appliance
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
2019 $92.78 $94.93 $94.65 $63.00 $46.72 $56.00 $64.20 $76.94 $141.38 $55.63
2020 $96.22 $98.35 $96.53 $60.17 $44.54 $51.40 $56.75 $64.93 $142.58 $54.00
Change 3.70% 3.60% 1.99% -4.50% -4.67% -8.21% -11.60% -15.62% 0.85% -2.92%
Work Type: Commercial
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
2019 $96.86 $106.78 $95.12 $66.94 $48.69 $57.73 $62.52 $72.22 $144.11 $63.42
2020 $105.06 $112.26 $98.75 $62.71 $49.41 $55.72 $60.99 $70.03 $150.11 $63.17
Change 8.46% 5.13% 3.81% -6.31% 1.48% -3.49% -2.45% -3.03% 4.17% -0.40%
12
Work Type: Construction
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
2019 $93.28 $102.52 $93.27 $67.14 $48.20 $57.86 $63.04 $71.75 $135.29 $64.61
2020 $98.04 $110.60 $95.75 $65.16 $50.04 $56.45 $61.03 $69.40 $147.54 $61.85
Change 5.11% 7.88% 2.67% -2.95% 3.82% -2.44% -3.19% -3.27% 9.05% -4.28%
Work Type: Data and Communications
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
2019 $95.93 $108.39 $97.14 $64.25 $48.48 $58.73 $63.46 $74.13 $151.72 $67.72
2020 $100.85 $108.67 $99.43 $66.13 $46.86 $53.57 $58.25 $68.64 $150.60 $65.26
Change 5.12% 0.25% 2.35% 2.92% -3.34% -8.78% -8.21% -7.41% -0.74% -3.63%
Work Type: Domestic
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
2019 $94.56 $102.72 $93.23 $64.08 $46.49 $55.64 $61.97 $70.72 $145.38 $64.16
2020 $96.02 $107.30 $96.03 $61.70 $46.96 $54.38 $59.86 $69.57 $150.58 $57.35
Change 1.54% 4.46% 3.00% -3.72% 1.01% -2.27% -3.42% -1.63% 3.58% -10.61%
13
Work Type: Industrial Maintenance
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
2019 $97.85 $110.57 $97.74 $65.84 $48.31 $57.81 $63.72 $73.74 $147.00 $66.44
2020 $104.04 $115.75 $100.29 $66.59 $50.41 $59.43 $64.87 $73.42 $150.13 $66.26
Change 6.33% 4.68% 2.61% 1.13% 4.34% 2.80% 1.80% -0.43% 2.13% -0.28%
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
Work Type: New Residential
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
2019 $90.39 $100.22 $91.33 $61.04 $45.70 $54.94 $61.56 $72.89 $143.07 $64.71
2020 $96.02 $100.64 $92.60 $61.00 $45.93 $54.13 $58.91 $67.93 $150.50 $56.55
Change 6.23% 0.42% 1.39% -0.06% 0.50% -1.47% -4.30% -6.81% 5.20% -12.62%
Work Type: All Work Types
Sole Trader / Partner
Supervisor / Manager
Tradesperson Trades Assistant
1st Year Apprentice
2nd Year Apprentice
3rd Year Apprentice
4th Year Apprentice Team / Apprentice + Trades
Administration / Clerical
2019 $94.96 $104.55 $94.73 $65.23 $47.68 $56.66 $63.21 $73.49 $144.44 $63.17
2020 $99.67 $108.75 $97.32 $63.14 $48.10 $55.32 $60.34 $69.40 $149.57 $60.96
Change 4.96% 4.02% 2.73% -3.20% 0.89% -2.37% -4.55% -5.56% 3.55% -3.50%
14
Appendix Two – Charge Out Rates By Job Classification Role Type: 1st Year Apprentice
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $46.49 $45.70 $48.69 $48.20 $48.31 $49.52 $48.48 $46.72
2020 $46.96 $45.93 $49.41 $50.04 $50.41 $48.45 $46.86 $44.54
Change 1.01% 0.50% 1.48% 3.82% 4.34% -2.15% -3.34% -4.67%
Role Type: 2nd Year Apprentice
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $55.64 $54.94 $57.73 $57.86 $57.81 $61.22 $58.73 $56.00
2020 $54.38 $54.13 $55.72 $56.45 $59.43 $54.65 $53.57 $51.40
Change -2.27% -1.47% -3.49% -2.44% 2.80% -10.73% -8.78% -8.21%
Role Type: 3rd Year Apprentice
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $61.97 $61.56 $62.52 $63.04 $63.72 $66.21 $63.46 $64.20
2020 $59.86 $58.91 $60.99 $61.03 $64.87 $59.28 $58.25 $56.75
Change -3.42% -4.30% -2.45% -3.19% 1.80% -10.47% -8.21% -11.60%
15
Role Type: 4th Year Apprentice
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $70.72 $72.89 $72.22 $71.75 $73.74 $80.00 $74.13 $76.94
2020 $69.57 $67.93 $70.03 $69.40 $73.42 $67.50 $68.64 $64.93
Change -1.63% -6.81% -3.03% -3.27% -0.43% -15.63% -7.41% -15.62%
Role Type: Administration / Clerical
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $64.16 $64.71 $63.42 $64.61 $66.44 $63.08 $67.72 $55.63
2020 $57.35 $56.55 $63.17 $61.85 $66.26 $56.13 $65.26 $54.00
Change -10.61% -12.62% -0.40% -4.28% -0.28% -11.02% -3.63% -2.92%
Role Type: Sole Trader / Partner
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $94.56 $90.39 $96.86 $93.28 $97.85 $96.50 $95.93 $92.78
2020 $96.02 $96.02 $105.06 $98.04 $104.04 $97.71 $100.85 $96.22
Change 1.54% 6.23% 8.46% 5.11% 6.33% 1.25% 5.12% 3.70%
16
Role Type: Supervisor / Manager
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $102.72 $100.22 $106.78 $102.52 $110.57 $105.52 $108.39 $94.93
2020 $107.30 $100.64 $112.26 $110.60 $115.75 $104.58 $108.67 $98.35
Change 4.46% 0.42% 5.13% 7.88% 4.68% -0.89% 0.25% 3.60%
Role Type: Team / Apprentice + Trades
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $145.38 $143.07 $144.11 $135.29 $147.00 $154.00 $151.72 $141.38
2020 $150.58 $150.50 $150.11 $147.54 $150.13 $150.06 $150.60 $142.58
Change 3.58% 5.20% 4.17% 9.05% 2.13% -2.56% -0.74% 0.85%
Role Type:
Trades Assistant
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $64.08 $61.04 $66.94 $67.14 $65.84 $64.44 $64.25 $63.00
2020 $61.70 $61.00 $62.71 $65.16 $66.59 $60.58 $66.13 $60.17
Change -3.72% -0.06% -6.31% -2.95% 1.13% -5.98% 2.92% -4.50%
Role Type: Tradesperson
Domestic New Residential Commercial Construction Industrial Maintenance Airconditioning and Refrigeration Data and Communications Appliance
2019 $93.23 $91.33 $95.12 $93.27 $97.74 $98.65 $97.14 $94.65
2020 $96.03 $92.60 $98.75 $95.75 $100.29 $100.04 $99.43 $96.53
Change 3.00% 1.39% 3.81% 2.67% 2.61% 1.42% 2.35% 1.99%