Education and communication services priced at $20 in 2017 $22.37 in 2024

Education And Communication Services Inflation Calculator

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Prices for Education And Communication Services, 2017-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for education and communication services are 11.83% higher in 2024 versus 2017 (a $2.37 difference in value).

Between 2017 and 2024: Education and communication services experienced an average inflation rate of 1.61% per year. In other words, education and communication services costing $20 in the year 2017 would cost $22.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.43% during this same period, inflation for education and communication services was lower.

In the year 2017: Pricing changed by -1.79%, which is significantly below the average yearly change for education and communication services during the 2017-2024 time period. Compared to inflation for all items in 2017 (2.13%), inflation for education and communication services was much lower.

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: 2023 (2.48%), 2020 (2.36%), and 2012 (2.26%).

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Buying power of $20.00 since 2017

Below are calculations of equivalent buying power for Education and communication services, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2017$20.00-1.79%
2018$20.100.50%
2019$20.351.24%
2020$20.832.36%
2021$21.211.84%
2022$21.581.71%
2023$22.112.48%
2024$22.371.15%*

* 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 Education and communication services:

Year2009201020112012201320142015201620172018201920202021202220232024
CPI100.000100.975102.618104.932106.999108.754109.782111.024109.033109.573110.934113.554115.648117.622120.544121.929

Adjust education and communication services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2017 * 2017 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Education and communication services was 109.033 in the year 2017 and 121.929 in 2024:

121.929 / 109.033 * $20 = $22.37

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2017 has the same "purchasing power" as $22.37 in 2024 (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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