According to the U.S. Bureau of Labor Statistics, prices for domestic services are 113.26% higher in 2024 versus 1999 (a $22.65 difference in value).
Between 1999 and 2024: Domestic services experienced an average inflation rate of 3.08% per year. This rate of change indicates significant inflation. In other words, domestic services costing $20 in the year 1999 would cost $42.65 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for domestic services was higher.
In the year 1999: Pricing changed by 3.12%, which is above the average yearly change for domestic services during the 1999-2024 time period. Compared to inflation for all items in 1999 (2.19%), inflation for domestic services was higher.
Below are calculations of equivalent buying power for Domestic services, over time, for $20 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1999 | $20.00 | 3.12% |
2000 | $20.92 | 4.58% |
2001 | $21.72 | 3.83% |
2002 | $22.57 | 3.91% |
2003 | $23.13 | 2.52% |
2004 | $23.61 | 2.07% |
2005 | $24.46 | 3.59% |
2006 | $25.39 | 3.77% |
2007 | $26.33 | 3.71% |
2008 | $27.22 | 3.40% |
2009 | $27.48 | 0.93% |
2010 | $27.53 | 0.21% |
2011 | $27.73 | 0.70% |
2012 | $28.11 | 1.38% |
2013 | $28.62 | 1.82% |
2014 | $29.31 | 2.41% |
2015 | $29.68 | 1.25% |
2016 | $29.99 | 1.06% |
2017 | $30.71 | 2.40% |
2018 | $31.61 | 2.93% |
2019 | $32.35 | 2.34% |
2020 | $33.29 | 2.89% |
2021 | $36.32 | 9.13% |
2022 | $38.63 | 6.34% |
2023 | $40.63 | 5.19% |
2024 | $42.65 | 4.98%* |
* 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 Domestic 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 | 101.708 | 104.877 | 109.677 | 113.877 | 118.331 | 121.315 | 123.831 | 128.277 | 133.115 | 138.059 | 142.756 | 144.081 | 144.386 | 145.390 | 147.399 | 150.075 | 153.693 | 155.614 | 157.267 | 161.038 | 165.755 | 169.632 | 174.542 | 190.475 | 202.545 | 213.054 | 223.657 |