According to the U.S. Bureau of Labor Statistics, prices for cable and satellite television service are 31.34% higher in 2021 versus 2012 (a $6.27 difference in value).
Between 2012 and 2021: Cable and satellite television service experienced an average inflation rate of 3.08% per year. This rate of change indicates significant inflation. In other words, cable and satellite television service costing $20 in the year 2012 would cost $26.27 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.80% during this same period, inflation for cable and satellite television service was higher.
In the year 2012: Pricing changed by 4.40%, which is above the average yearly change for cable and satellite television service during the 2012-2021 time period. Compared to inflation for all items in 2012 (2.07%), inflation for cable and satellite television service was higher.
Below are calculations of equivalent buying power for Cable and satellite television service, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cable and satellite television service: