Services less rent of shelter price history from 2015 through 2019

Historical Price Inflation for Services less rent of shelter

Prices for Services Less Rent Of Shelter, 2015-2019 ($20)

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.

Price Inflation for Services less rent of shelter since 1985

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1991 (5.72%), 1990 (5.63%), and 1989 (5.30%).

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

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Buying power of $20 since 2015

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%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for services less rent of shelter, 2015-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2015 * 2015 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Services less rent of shelter was 315.805 in the year 2015 and 339.884 in 2019:

339.884 / 315.805 * $20 = $21.52

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2015 has the same "purchasing power" as $21.52 in 2019 (in the CPI category of Services less rent of shelter).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Services less rent of shelter in 1985. In addition to services less rent of shelter, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.