Education and communication services priced at $20 in 2012 $21.64 in 2020

Education And Communication Services Inflation Calculator

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Prices for Education And Communication Services, 2012-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for education and communication services were 8.22% higher in 2020 versus 2012 (a $1.64 difference in value).

Between 2012 and 2020: Education and communication services experienced an average inflation rate of 0.99% per year. In other words, education and communication services costing $20 in the year 2012 would cost $21.64 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.51% during this same period, inflation for education and communication services was lower.

In the year 2012: Pricing changed by 2.26%, which is above the average yearly change for education and communication services during the 2012-2020 time period. Compared to inflation for all items in 2012 (2.07%), inflation for education and communication services was higher.

Price Inflation for Education and communication services since 2009

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2020 (2.36%), 2012 (2.26%), and 2013 (1.97%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Education and communication services:

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 100.000 100.975 102.618 104.932 106.999 108.754 109.782 111.024 109.033 109.573 110.934 113.554

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Buying power of $20 since 2012

Below are calculations of equivalent buying power for Education and communication services, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2012 $20.00 2.26%
2013 $20.39 1.97%
2014 $20.73 1.64%
2015 $20.92 0.95%
2016 $21.16 1.13%
2017 $20.78 -1.79%
2018 $20.88 0.50%
2019 $21.14 1.24%
2020 $21.64 2.36%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for education and communication services, 2012-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2012 * 2012 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Education and communication services was 104.932 in the year 2012 and 113.554 in 2020:

113.554 / 104.932 * $20 = $21.64

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2012 has the same "purchasing power" as $21.64 in 2020 (in the CPI category of Education and communication services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Education and communication services in 2009. In addition to education and communication services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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