According to the U.S. Bureau of Labor Statistics, prices for domestic services were 13.78% higher in 2018 versus 2011 (a $2.76 difference in value).
Between 2011 and 2018: Domestic services experienced an average inflation rate of 1.86% per year. In other words, domestic services costing $20 in the year 2011 would cost $22.76 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.58% during this same period, inflation for domestic services was higher.
In the year 2011: Pricing changed by 0.70%, which is below the average yearly change for domestic services during the 2011-2018 time period. Compared to inflation for all items in 2011 (3.16%), inflation for domestic services was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Domestic services:
Below are calculations of equivalent buying power for Domestic services, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|