Dental services price inflation, 2020→2024

Dental Services Inflation Calculator

Prices for Dental Services, 2020-2024 ($100)

According to the U.S. Bureau of Labor Statistics, prices for dental services are 16.88% higher in 2024 versus 2020 (a $16.88 difference in value).

Between 2020 and 2024: Dental services experienced an average inflation rate of 3.98% per year. This rate of change indicates significant inflation. In other words, dental services costing $100 in the year 2020 would cost $116.88 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for dental services was lower.

In the year 2020: Pricing changed by 3.01%, which is below the average yearly change for dental services during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for dental services was higher.

Price Inflation for Dental services since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1980 (11.81%), 1975 (10.28%), and 1947 (9.59%).

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Buying power of $100.00 since 2020

Below are calculations of equivalent buying power for Dental services, over time, for $100 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2020	$100.00	3.01%
2021	$102.23	2.23%
2022	$106.39	4.06%
2023	$112.37	5.63%
2024	$116.88	4.01%*

* 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 Dental services:

Year	1935	1936	1937	1938	1939	1940	1941	1942	1943	1944	1945	1946	1947	1948	1949	1950	1951	1952	1953	1954	1955	1956	1957	1958	1959	1960	1961	1962	1963	1964	1965	1966	1967	1968	1969	1970	1971	1972	1973	1974	1975	1976	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	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	13.400	13.400	13.700	13.800	13.800	13.800	13.800	14.200	14.800	15.600	16.300	17.200	18.850	19.780	20.540	21.040	21.840	22.300	23.060	23.760	24.000	24.480	25.060	25.880	26.480	27.000	27.120	27.880	28.680	29.467	30.375	31.360	32.960	34.740	37.069	39.177	41.700	43.431	44.777	48.192	53.146	56.562	60.800	65.069	70.546	78.877	86.438	93.138	99.392	107.469	114.246	120.631	128.769	137.531	146.054	155.785	167.423	178.677	188.100	197.100	206.838	216.523	226.608	236.192	247.238	258.523	268.992	281.031	292.538	306.915	324.000	340.862	358.415	376.867	388.127	398.756	408.034	417.461	431.757	441.005	452.182	465.039	472.571	485.525	496.160	511.079	522.500	543.726	574.315	597.340

Adjust dental services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2020 * 2020 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dental services was 511.079 in the year 2020 and 597.340 in 2024:

597.340 / 511.079 * $100 = $116.88

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2020 has the same "purchasing power" as $116.88 in 2024 (in the CPI category of Dental services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dental services in 1935. In addition to dental services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.