According to the U.S. Bureau of Labor Statistics, prices for services less rent of shelter were 106.20% higher in 2019 versus 1993 (a $21.24 difference in value).
Between 1993 and 2019: Services less rent of shelter experienced an average inflation rate of 2.82% per year. This rate of change indicates significant inflation. In other words, services less rent of shelter costing $20 in the year 1993 would cost $41.24 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.16% during this same period, inflation for services less rent of shelter was higher.
In the year 1993: Pricing changed by 4.62%, which is above the average yearly change for services less rent of shelter during the 1993-2019 time period. Compared to inflation for all items in 1993 (2.95%), 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:
| Year | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| CPI | 113.533 | 118.683 | 123.075 | 128.333 | 135.133 | 142.742 | 150.908 | 157.558 | 164.833 | 170.667 | 176.758 | 182.517 | 188.075 | 191.767 | 195.833 | 202.942 | 212.283 | 217.517 | 226.425 | 233.533 | 243.183 | 253.333 | 260.765 | 272.991 | 278.073 | 284.386 | 290.570 | 296.573 | 304.063 | 311.200 | 315.805 | 322.774 | 329.304 | 336.376 | 339.884 |
Below are calculations of equivalent buying power for Services less rent of shelter, over time, for $20 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1993 | $20.00 | 4.62% |
| 1994 | $20.71 | 3.54% |
| 1995 | $21.45 | 3.57% |
| 1996 | $22.15 | 3.26% |
| 1997 | $22.82 | 3.05% |
| 1998 | $23.27 | 1.96% |
| 1999 | $23.76 | 2.12% |
| 2000 | $24.62 | 3.63% |
| 2001 | $25.76 | 4.60% |
| 2002 | $26.39 | 2.47% |
| 2003 | $27.47 | 4.10% |
| 2004 | $28.34 | 3.14% |
| 2005 | $29.51 | 4.13% |
| 2006 | $30.74 | 4.17% |
| 2007 | $31.64 | 2.93% |
| 2008 | $33.12 | 4.69% |
| 2009 | $33.74 | 1.86% |
| 2010 | $34.51 | 2.27% |
| 2011 | $35.26 | 2.17% |
| 2012 | $35.98 | 2.07% |
| 2013 | $36.89 | 2.53% |
| 2014 | $37.76 | 2.35% |
| 2015 | $38.32 | 1.48% |
| 2016 | $39.16 | 2.21% |
| 2017 | $39.96 | 2.02% |
| 2018 | $40.81 | 2.15% |
| 2019 | $41.24 | 1.04%* |