According to the U.S. Bureau of Labor Statistics, prices for services less rent of shelter were 177.30% higher in 2017 versus 1986.
Between 1986 and 2017: Services less rent of shelter experienced an average inflation rate of 3.34% per year. This rate of change indicates significant inflation. In other words, services less rent of shelter costing $20 in the year 1986 would cost $55.46 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 1986: Pricing changed by 4.55%, above the average yearly change for services less rent of shelter during the 1986-2017 time period. Compared to inflation for all items in 1986 (1.90%), 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: