Legal services priced at $10,000 in 2000 $19,008.32 in 2018

Historical Price Inflation for Legal services

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Prices for Legal Services, 2000-2018 ($10,000)

According to the U.S. Bureau of Labor Statistics, prices for legal services were 90.08% higher in 2018 versus 2000 (a $9,008.32 difference in value).

Between 2000 and 2018: Legal services experienced an average inflation rate of 3.63% per year. This rate of change indicates significant inflation. In other words, legal services costing $10,000 in the year 2000 would cost $19,008.32 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for legal services was higher.

In the year 2000: Pricing changed by 5.20%, which is above the average yearly change for legal services during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for legal services was higher.

Price Inflation for Legal services since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (7.40%), 1989 (5.99%), and 2002 (5.81%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Legal services:

Year 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 103.438 107.662 114.115 122.562 129.577 136.215 141.954 146.762 151.631 157.085 163.823 171.669 179.977 189.338 199.469 211.054 221.708 232.262 241.754 250.008 260.273 270.726 278.146 288.130 297.427 303.465 311.817 318.492 323.558 334.478 346.391 359.901

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Buying power of $10000 since 2000

Below are calculations of equivalent buying power for Legal services, over time, for $10000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $10,000.00 5.20%
2001 $10,535.06 5.35%
2002 $11,146.91 5.81%
2003 $11,709.60 5.05%
2004 $12,267.00 4.76%
2005 $12,768.34 4.09%
2006 $13,204.27 3.41%
2007 $13,746.45 4.11%
2008 $14,298.52 4.02%
2009 $14,690.42 2.74%
2010 $15,217.72 3.59%
2011 $15,708.76 3.23%
2012 $16,027.63 2.03%
2013 $16,468.76 2.75%
2014 $16,821.32 2.14%
2015 $17,088.86 1.59%
2016 $17,665.63 3.38%
2017 $18,294.82 3.56%
2018 $19,008.32 3.90%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for legal services, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Legal services was 189.338 in the year 2000 and 359.901 in 2018:

359.901 / 189.338 * $10,000 = $19,008.32

Therefore, according to U.S. Bureau of Labor Statistics, $10,000 in 2000 has the same "purchasing power" as $19,008.32 in 2018 (in the CPI category of Legal services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Legal services in 1986. In addition to legal services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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