According to the U.S. Bureau of Labor Statistics, prices for education and communication are 58.46% higher in 2024 versus 1995 (a $18,362.01 difference in value).
Between 1995 and 2024: Education and communication experienced an average inflation rate of 1.60% per year. In other words, education and communication costing $31,408 in the year 1995 would cost $49,770.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for education and communication was lower.
In the year 1995: Pricing changed by 3.85%, which is above the average yearly change for education and communication during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), inflation for education and communication was higher.
Below are calculations of equivalent buying power for Education and communication, over time, for $31,408 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1995 | $31,408.00 | 3.85% |
| 1996 | $32,474.59 | 3.40% |
| 1997 | $33,535.93 | 3.27% |
| 1998 | $34,164.88 | 1.88% |
| 1999 | $34,468.87 | 0.89% |
| 2000 | $34,922.24 | 1.32% |
| 2001 | $35,852.55 | 2.66% |
| 2002 | $36,756.66 | 2.52% |
| 2003 | $37,401.33 | 1.75% |
| 2004 | $38,014.56 | 1.64% |
| 2005 | $38,729.98 | 1.88% |
| 2006 | $39,780.85 | 2.71% |
| 2007 | $40,737.29 | 2.40% |
| 2008 | $42,118.64 | 3.39% |
| 2009 | $43,400.25 | 3.04% |
| 2010 | $44,260.75 | 1.98% |
| 2011 | $44,787.86 | 1.19% |
| 2012 | $45,597.97 | 1.81% |
| 2013 | $46,293.64 | 1.53% |
| 2014 | $46,849.49 | 1.20% |
| 2015 | $47,084.77 | 0.50% |
| 2016 | $47,399.80 | 0.67% |
| 2017 | $46,505.01 | -1.89% |
| 2018 | $46,600.27 | 0.20% |
| 2019 | $46,942.08 | 0.73% |
| 2020 | $47,797.24 | 1.82% |
| 2021 | $48,585.04 | 1.65% |
| 2022 | $48,989.88 | 0.83% |
| 2023 | $49,464.15 | 0.97% |
| 2024 | $49,770.01 | 0.62%* |
* 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:
| Year | 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 | 85.469 | 88.777 | 92.192 | 95.323 | 98.438 | 100.285 | 101.177 | 102.508 | 105.238 | 107.892 | 109.785 | 111.585 | 113.685 | 116.769 | 119.577 | 123.631 | 127.393 | 129.919 | 131.466 | 133.844 | 135.886 | 137.518 | 138.209 | 139.133 | 136.507 | 136.786 | 137.790 | 140.300 | 142.612 | 143.801 | 145.193 | 146.091 |