According to the U.S. Bureau of Labor Statistics, prices for internet services and electronic information providers were 1.88% lower in 2018 versus 2016 (a $0.94 difference in value).
Between 2016 and 2018: Internet services experienced an average inflation rate of -0.95% per year. In other words, internet services costing $50 in the year 2016 would cost $49.06 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.29% during this same period, inflation for internet services was significantly lower.
In the year 2016: Pricing changed by -0.15%, which is above the average yearly change for internet services during the 2016-2018 time period. Compared to inflation for all items in 2016 (1.27%), 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|