According to the U.S. Bureau of Labor Statistics, prices for internet services and electronic information providers were 0.63% lower in 2019 versus 2016 (a $0.32 difference in value).
Between 2016 and 2019: Internet services experienced an average inflation rate of -0.21% per year. In other words, internet services costing $50 in the year 2016 would cost $49.68 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.85% during this same period, inflation for internet services was lower.
In the year 2016: Pricing changed by -0.15%, which is above the average yearly change for internet services during the 2016-2019 time period. Compared to inflation for all items in 2016 (1.26%), inflation for internet services was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Internet services and electronic information providers:
Below are calculations of equivalent buying power for Internet services, over time, for $50 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|