According to the U.S. Bureau of Labor Statistics, prices for services less rent of shelter were 7.62% higher in 2019 versus 2015 (a $1.52 difference in value).
Between 2015 and 2019: Services less rent of shelter experienced an average inflation rate of 1.85% per year. In other words, services less rent of shelter costing $20 in the year 2015 would cost $21.52 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for services less rent of shelter was higher.
In the year 2015: Pricing changed by 1.48%, which is below the average yearly change for services less rent of shelter during the 2015-2019 time period. Compared to inflation for all items in 2015 (0.12%), 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 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2015 | $20.00 | 1.48% |
2016 | $20.44 | 2.21% |
2017 | $20.85 | 2.02% |
2018 | $21.30 | 2.15% |
2019 | $21.52 | 1.04%* |