Day care and preschool priced at $20 in 2022 $21.86 in 2024

Day Care And Preschool Inflation Calculator


Prices for Day Care And Preschool, 2022-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for day care and preschool are 9.29% higher in 2024 versus 2022 (a $1.86 difference in value).

Between 2022 and 2024: Day care and preschool experienced an average inflation rate of 4.54% per year. This rate of change indicates significant inflation. In other words, day care and preschool costing $20 in the year 2022 would cost $21.86 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.11% during this same period, inflation for day care and preschool was higher.

In the year 2022: Pricing changed by 3.95%, which is below the average yearly change for day care and preschool during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for day care and preschool was much lower.

Price Inflation for Day care and preschool since 1990

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2023 (5.64%), 2000 (5.48%), and 2006 (5.45%).

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Buying power of $20.00 since 2022

Below are calculations of equivalent buying power for Day care and preschool, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Day care and preschool:


Adjust day care and preschool prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2022 * 2022 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Day care and preschool was 330.305 in the year 2022 and 360.994 in 2024:

360.994 / 330.305 * $20 = $21.86

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2022 has the same "purchasing power" as $21.86 in 2024 (in the CPI category of Day care and preschool).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Day care and preschool in 1990. In addition to day care and preschool, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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