According to the U.S. Bureau of Labor Statistics, prices for gardening and lawncare services were 9.93% higher in 2018 versus 2016 (a $1.99 difference in value).
Between 2016 and 2018: Gardening and lawncare services experienced an average inflation rate of 4.85% per year. This rate of change indicates significant inflation. In other words, gardening and lawncare services costing $20 in the year 2016 would cost $21.99 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.18% during this same period, inflation for gardening and lawncare services was higher.
In the year 2016: Pricing changed by 1.66%, which is significantly below the average yearly change for gardening and lawncare services during the 2016-2018 time period. Compared to inflation for all items in 2016 (1.26%), inflation for gardening and lawncare services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Gardening and lawncare services:
Below are calculations of equivalent buying power for Gardening and lawncare services, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|