According to the U.S. Bureau of Labor Statistics, prices for cable and satellite television service were 5.67% higher in 2020 versus 2018 (a $1.13 difference in value).
Between 2018 and 2020: Cable and satellite television service experienced an average inflation rate of 2.80% per year. This rate of change indicates significant inflation. In other words, cable and satellite television service costing $20 in the year 2018 would cost $21.13 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.42% during this same period, inflation for cable and satellite television service was higher.
In the year 2018: Pricing changed by 1.79%, which is below the average yearly change for cable and satellite television service during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for cable and satellite television service was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cable and satellite television service:
Below are calculations of equivalent buying power for Cable and satellite television service, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|