According to the U.S. Bureau of Labor Statistics, prices for services less rent of shelter were 64.53% higher in 2018 versus 2000.
Between 2000 and 2018: Services less rent of shelter experienced an average inflation rate of 2.80% per year. This rate of change indicates significant inflation. In other words, services less rent of shelter costing $20 in the year 2000 would cost $32.91 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.07% during this same period, inflation for services less rent of shelter was similar.
In the year 2000: Pricing changed by 3.62%, above the average yearly change for services less rent of shelter during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), price inflation for services less rent of shelter was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Services less rent of shelter: