According to the U.S. Bureau of Labor Statistics, prices for services less rent of shelter were 203.35% higher in 2017 versus 1984.
Between 1984 and 2017: Services less rent of shelter experienced an average inflation rate of 3.42% per year. This rate of change indicates significant inflation. In other words, services less rent of shelter costing $20 in the year 1984 would cost $60.67 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.63% during this same period, inflation for services less rent of shelter was similar.
In the year 1984: Pricing changed by 5.48%, above the average yearly change for services less rent of shelter during the 1984-2017 time period. Compared to inflation for all items in 1984 (4.30%), 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: