According to the U.S. Bureau of Labor Statistics, prices for other services were 1.57% higher in 2018 versus 2016 (a $0.31 difference in value).
Between 2016 and 2018: Other services experienced an average inflation rate of 0.78% per year. In other words, other services costing $20 in the year 2016 would cost $20.31 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.18% during this same period, inflation for other services was lower.
In the year 2016: Pricing changed by 1.96%, which is above the average yearly change for other services during the 2016-2018 time period. Compared to inflation for all items in 2016 (1.26%), inflation for other services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other services:
Below are calculations of equivalent buying power for Other services, over time, for $20 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|