According to the U.S. Bureau of Labor Statistics, prices for delivery services were 51.75% higher in 2020 versus 2008 (a $10.35 difference in value).
Between 2008 and 2020: Delivery services experienced an average inflation rate of 3.54% per year. This rate of change indicates significant inflation. In other words, delivery services costing $20 in the year 2008 would cost $30.35 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.55% during this same period, inflation for delivery services was higher.
In the year 2008: Pricing changed by 14.70%, which is significantly above the average yearly change for delivery services during the 2008-2020 time period. Compared to inflation for all items in 2008 (3.84%), inflation for delivery services was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Delivery services:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
CPI | 100.000 | 103.615 | 108.738 | 114.531 | 122.977 | 127.862 | 134.869 | 150.069 | 160.231 | 172.869 | 183.936 | 210.976 | 197.832 | 225.869 | 252.310 | 265.675 | 274.818 | 283.165 | 283.094 | 277.299 | 290.356 | 309.476 | 318.328 | 320.157 |
Below are calculations of equivalent buying power for Delivery services, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2008 | $20.00 | 14.70% |
2009 | $18.75 | -6.23% |
2010 | $21.41 | 14.17% |
2011 | $23.92 | 11.71% |
2012 | $25.19 | 5.30% |
2013 | $26.05 | 3.44% |
2014 | $26.84 | 3.04% |
2015 | $26.84 | -0.03% |
2016 | $26.29 | -2.05% |
2017 | $27.53 | 4.71% |
2018 | $29.34 | 6.58% |
2019 | $30.18 | 2.86% |
2020 | $30.35 | 0.57%* |