According to the U.S. Bureau of Labor Statistics, prices for financial services were 157.07% higher in 2018 versus 1991.
Between 1991 and 2018: Financial services experienced an average inflation rate of 3.56% per year. This rate of change indicates significant inflation. In other words, financial services costing $500 in the year 1991 would cost $1,285.35 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.26% during this same period, inflation for financial services was similar.
In the year 1991: Pricing changed by 8.26%, significantly above the average yearly change for financial services during the 1991-2018 time period. Compared to inflation for all items in 1991 (4.23%), price inflation for financial services was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Financial services: