According to the U.S. Bureau of Labor Statistics, prices for financial services were 42.56% higher in 2017 versus 2003.
Between 2003 and 2017: Financial services experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, financial services costing $500 in the year 2003 would cost $712.78 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.07% during this same period, inflation for financial services was similar.
In the year 2003: Pricing changed by 2.93%, above the average yearly change for financial services during the 2003-2017 time period. Compared to inflation for all items in 2003 (2.27%), price inflation for financial services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Financial services: