Delivery services priced at $20 in 2023 $21.06 in 2024

Delivery Services Inflation Calculator

$

Prices for Delivery Services, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for delivery services are 5.31% higher in 2024 versus 2023 (a $1.06 difference in value).

Between 2023 and 2024: Delivery services experienced an average inflation rate of 5.31% per year. This rate of change indicates significant inflation. In other words, delivery services costing $20 in the year 2023 would cost $21.06 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.89% during this same period, inflation for delivery services was higher.

In the year 2023: Pricing changed by 6.86%, which is above the average yearly change for delivery services during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for delivery services was 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
Housing · Tampa, Florida · New trucks · Atlanta, Georgia · More

Buying power of $20.00 since 2023

Below are calculations of equivalent buying power for Delivery services, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2023$20.006.86%
2024$21.065.31%*

* 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
CPI100.000103.615108.738114.531122.977127.862134.869150.069160.231172.869183.936210.976197.832225.869252.310265.675274.818283.165283.094277.299290.356309.476318.328320.157340.538385.319411.754433.607

Adjust delivery services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Delivery services was 411.754 in the year 2023 and 433.607 in 2024:

433.607 / 411.754 * $20 = $21.06

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $21.06 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.