According to the U.S. Bureau of Labor Statistics, prices for delivery services are 12.50% higher in 2024 versus 2022 (a $2.50 difference in value).
Between 2022 and 2024: Delivery services experienced an average inflation rate of 6.07% per year. This rate of change indicates significant inflation. In other words, delivery services costing $20 in the year 2022 would cost $22.50 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for delivery services was higher.
In the year 2022: Pricing changed by 13.15%, which is significantly above the average yearly change for delivery services during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for delivery services was much higher.
Below are calculations of equivalent buying power for Delivery services, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2022 | $20.00 | 13.15% |
2023 | $21.37 | 6.86% |
2024 | $22.50 | 5.28%* |
* 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:
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 | 2021 | 2022 | 2023 | 2024 |
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 | 340.538 | 385.319 | 411.754 | 433.498 |