Pet services including veterinary priced at $20 in 2000 $42.58 in 2018

Historical Price Inflation for Pet services including veterinary

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Prices for Pet Services Including Veterinary, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 112.90% higher in 2018 versus 2000 (a $22.58 difference in value).

Between 2000 and 2018: Pet services including veterinary experienced an average inflation rate of 4.29% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 2000 would cost $42.58 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for pet services including veterinary was higher.

In the year 2000: Pricing changed by 7.60%, which is significantly above the average yearly change for pet services including veterinary during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for pet services including veterinary was much higher.

Price Inflation for Pet services including veterinary since 1999

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (7.60%), 2001 (6.27%), and 2008 (6.18%).

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

Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 106.542 114.642 121.825 128.217 134.892 142.267 150.267 156.467 165.704 175.952 184.377 190.762 200.266 206.376 211.500 218.223 225.865 233.773 238.596 244.070

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Pet services including veterinary, over time, for $20 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 $20.00 7.60%
2001 $21.25 6.27%
2002 $22.37 5.25%
2003 $23.53 5.21%
2004 $24.82 5.47%
2005 $26.22 5.62%
2006 $27.30 4.13%
2007 $28.91 5.90%
2008 $30.70 6.18%
2009 $32.17 4.79%
2010 $33.28 3.46%
2011 $34.94 4.98%
2012 $36.00 3.05%
2013 $36.90 2.48%
2014 $38.07 3.18%
2015 $39.40 3.50%
2016 $40.78 3.50%
2017 $41.62 2.06%
2018 $42.58 2.29%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for pet services including veterinary, 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 Pet services including veterinary was 114.642 in the year 2000 and 244.070 in 2018:

244.070 / 114.642 * $20 = $42.58

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $42.58 in 2018 (in the CPI category of Pet services including veterinary).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Pet services including veterinary in 1999. In addition to pet services including veterinary, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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