Delivery services priced at $20 in 2003 $64.49 in 2024

Delivery Services Inflation Calculator

$

Prices for Delivery Services, 2003-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for delivery services are 222.43% higher in 2024 versus 2003 (a $44.49 difference in value).

Between 2003 and 2024: Delivery services experienced an average inflation rate of 5.73% per year. This rate of change indicates significant inflation. In other words, delivery services costing $20 in the year 2003 would cost $64.49 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for delivery services was significantly higher.

In the year 2003: Pricing changed by 5.48%, which is below the average yearly change for delivery services during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for delivery services was much higher.

Price Inflation for Delivery services since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (14.70%), 2010 (14.17%), and 2022 (13.15%).

View price changes for other categories
Chicago, Illinois · Admission to sporting events · Denver, Colorado · Wine at home · More

Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for Delivery services, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.005.48%
2004$22.2511.27%
2005$23.766.77%
2006$25.647.89%
2007$27.286.40%
2008$31.2914.70%
2009$29.34-6.23%
2010$33.4914.17%
2011$37.4211.71%
2012$39.405.30%
2013$40.753.44%
2014$41.993.04%
2015$41.98-0.03%
2016$41.12-2.05%
2017$43.064.71%
2018$45.896.58%
2019$47.212.86%
2020$47.480.57%
2021$50.506.37%
2022$57.1413.15%
2023$61.066.86%
2024$64.495.61%*

* 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 Delivery services:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000103.615108.738114.531122.977127.862134.869150.069160.231172.869183.936210.976197.832225.869252.310265.675274.818283.165283.094277.299290.356309.476318.328320.157340.538385.319411.754434.853

Adjust delivery services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2003 * 2003 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Delivery services was 134.869 in the year 2003 and 434.853 in 2024:

434.853 / 134.869 * $20 = $64.49

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $64.49 in 2024 (in the CPI category of Delivery services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Delivery services in 1997. In addition to delivery services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.