Other services price history from 1988 through 2019

Historical Price Inflation for Other services

Prices for Other Services, 1988-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other services were 169.33% higher in 2019 versus 1988 (a $33.87 difference in value).

Between 1988 and 2019: Other services experienced an average inflation rate of 3.25% per year. This rate of change indicates significant inflation. In other words, other services costing $20 in the year 1988 would cost $53.87 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for other services was higher.

In the year 1988: Pricing changed by 5.51%, which is above the average yearly change for other services during the 1988-2019 time period. Compared to inflation for all items in 1988 (4.08%), inflation for other services was higher.

Price Inflation for Other services since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1980 (9.50%), 1981 (9.35%), and 1982 (8.65%).

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

Year	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	2019
CPI	35.983	38.058	39.942	42.200	44.375	45.617	47.675	51.300	55.050	58.383	62.042	66.517	71.942	78.775	86.142	93.592	100.133	106.650	113.183	119.550	125.683	132.608	140.925	150.167	159.792	168.483	176.983	185.425	193.267	201.342	209.558	216.900	223.100	229.858	238.025	246.392	254.400	261.217	268.342	277.500	285.553	295.776	303.997	309.612	314.439	322.330	328.755	334.386	339.391	346.031	347.775	352.725	357.148

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Buying power of $20 since 1988

Below are calculations of equivalent buying power for Other services, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1988	$20.00	5.51%
1989	$21.25	6.27%
1990	$22.65	6.56%
1991	$24.10	6.41%
1992	$25.41	5.44%
1993	$26.69	5.05%
1994	$27.97	4.77%
1995	$29.15	4.23%
1996	$30.37	4.18%
1997	$31.61	4.08%
1998	$32.71	3.50%
1999	$33.65	2.86%
2000	$34.67	3.03%
2001	$35.90	3.55%
2002	$37.16	3.52%
2003	$38.37	3.25%
2004	$39.40	2.68%
2005	$40.47	2.73%
2006	$41.85	3.41%
2007	$43.07	2.90%
2008	$44.61	3.58%
2009	$45.85	2.78%
2010	$46.70	1.85%
2011	$47.42	1.56%
2012	$48.61	2.51%
2013	$49.58	1.99%
2014	$50.43	1.71%
2015	$51.19	1.50%
2016	$52.19	1.96%
2017	$52.45	0.50%
2018	$53.20	1.42%
2019	$53.87	1.25%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other services, 1988-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 1988 * 1988 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Other services was 132.608 in the year 1988 and 357.148 in 2019:

357.148 / 132.608 * $20 = $53.87

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1988 has the same "purchasing power" as $53.87 in 2019 (in the CPI category of Other services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other services in 1967. In addition to other services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.