According to the U.S. Bureau of Labor Statistics, prices for day care and preschool are 4.82% higher in 2024 versus 2023 (a $0.96 difference in value).
Between 2023 and 2024: Day care and preschool experienced an average inflation rate of 4.82% per year. This rate of change indicates significant inflation. In other words, day care and preschool costing $20 in the year 2023 would cost $20.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for day care and preschool was higher.
In the year 2023: Pricing changed by 5.64%, which is above the average yearly change for day care and preschool during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for day care and preschool was higher.
Below are calculations of equivalent buying power for Day care and preschool, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2023 | $20.00 | 5.64% |
| 2024 | $20.96 | 4.82%* |
* 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:
| Year | 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 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 103.192 | 108.315 | 113.577 | 119.562 | 124.531 | 129.400 | 134.338 | 140.885 | 148.138 | 156.254 | 164.123 | 172.515 | 180.323 | 187.123 | 195.354 | 206.000 | 214.877 | 224.635 | 232.828 | 240.432 | 247.064 | 253.141 | 259.406 | 264.874 | 275.381 | 283.099 | 290.379 | 295.048 | 303.268 | 311.888 | 317.746 | 330.305 | 348.926 | 365.734 |