Medical care services priced at $190 in 1935 $11,861.87 in 2018

Historical Price Inflation for Medical care services

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Prices for Medical Care Services, 1935-2018 ($190)

According to the U.S. Bureau of Labor Statistics, prices for medical care services were 6,143.09% higher in 2018 versus 1935 (a $11,671.87 difference in value).

Between 1935 and 2018: Medical care services experienced an average inflation rate of 5.11% per year. This rate of change indicates significant inflation. In other words, medical care services costing $190 in the year 1935 would cost $11,861.87 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.56% during this same period, inflation for medical care services was higher.

Price Inflation for Medical care services since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1975 (12.60%), 1982 (11.86%), and 1980 (11.28%).

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

Year 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 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 8.275 8.317 8.400 8.400 8.480 8.500 8.520 8.760 9.240 9.620 9.880 10.480 11.380 12.140 12.540 12.840 13.480 14.360 14.840 15.280 15.760 16.315 17.015 17.862 18.723 19.492 20.208 20.877 21.492 22.015 22.700 23.923 26.008 27.923 30.177 32.323 34.677 35.938 37.538 41.377 46.592 51.262 56.354 61.231 67.185 74.762 82.777 92.592 100.677 106.731 113.177 121.908 129.954 138.338 148.892 162.677 177.085 190.523 202.915 213.415 224.185 232.408 239.077 246.800 255.062 266.015 278.762 292.885 305.969 321.331 336.677 350.615 369.302 384.943 397.299 411.208 423.810 440.341 454.007 464.798 476.171 494.766 506.804 516.616

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Buying power of $190 since 1935

Below are calculations of equivalent buying power for Medical care services, over time, for $190 beginning in 1935. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1935 $190.00 -
1936 $190.96 0.50%
1937 $192.87 1.00%
1938 $192.87 0.00%
1939 $194.71 0.95%
1940 $195.17 0.24%
1941 $195.63 0.24%
1942 $201.14 2.82%
1943 $212.16 5.48%
1944 $220.88 4.11%
1945 $226.85 2.70%
1946 $240.63 6.07%
1947 $261.29 8.59%
1948 $278.74 6.68%
1949 $287.93 3.29%
1950 $294.82 2.39%
1951 $309.51 4.98%
1952 $329.72 6.53%
1953 $340.74 3.34%
1954 $350.84 2.96%
1955 $361.86 3.14%
1956 $374.61 3.52%
1957 $390.69 4.29%
1958 $410.11 4.97%
1959 $429.90 4.82%
1960 $447.56 4.11%
1961 $463.98 3.67%
1962 $479.35 3.31%
1963 $493.48 2.95%
1964 $505.49 2.43%
1965 $521.21 3.11%
1966 $549.29 5.39%
1967 $597.16 8.71%
1968 $641.13 7.36%
1969 $692.88 8.07%
1970 $742.16 7.11%
1971 $796.21 7.28%
1972 $825.17 3.64%
1973 $861.91 4.45%
1974 $950.04 10.23%
1975 $1,069.79 12.60%
1976 $1,177.00 10.02%
1977 $1,293.93 9.93%
1978 $1,405.90 8.65%
1979 $1,542.61 9.72%
1980 $1,716.58 11.28%
1981 $1,900.62 10.72%
1982 $2,125.99 11.86%
1983 $2,311.62 8.73%
1984 $2,450.62 6.01%
1985 $2,598.62 6.04%
1986 $2,799.09 7.71%
1987 $2,983.83 6.60%
1988 $3,176.35 6.45%
1989 $3,418.68 7.63%
1990 $3,735.18 9.26%
1991 $4,065.99 8.86%
1992 $4,374.55 7.59%
1993 $4,659.08 6.50%
1994 $4,900.17 5.17%
1995 $5,147.44 5.05%
1996 $5,336.25 3.67%
1997 $5,489.38 2.87%
1998 $5,666.71 3.23%
1999 $5,856.40 3.35%
2000 $6,107.91 4.29%
2001 $6,400.57 4.79%
2002 $6,724.84 5.07%
2003 $7,025.28 4.47%
2004 $7,377.99 5.02%
2005 $7,730.35 4.78%
2006 $8,050.38 4.14%
2007 $8,479.44 5.33%
2008 $8,838.57 4.24%
2009 $9,122.28 3.21%
2010 $9,441.63 3.50%
2011 $9,730.99 3.06%
2012 $10,110.56 3.90%
2013 $10,424.33 3.10%
2014 $10,672.10 2.38%
2015 $10,933.24 2.45%
2016 $11,360.18 3.91%
2017 $11,636.59 2.43%
2018 $11,861.87 1.94%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for medical care services, 1935-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 1935 * 1935 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Medical care services was 8.275 in the year 1935 and 516.616 in 2018:

516.616 / 8.275 * $190 = $11,861.87

Therefore, according to U.S. Bureau of Labor Statistics, $190 in 1935 has the same "purchasing power" as $11,861.87 in 2018 (in the CPI category of Medical care services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Medical care services in 1935. In addition to medical care 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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