According to the U.S. Bureau of Labor Statistics, prices for education and communication are 47.51% higher in 2026 versus 1998 (a $3,800,804.39 difference in value).
Between 1998 and 2026: Education and communication experienced an average inflation rate of 1.40% per year. In other words, education and communication costing $8,000,000 in the year 1998 would cost $11,800,804.39 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for education and communication was lower.
In the year 1998: Pricing changed by 1.87%, which is above the average yearly change for education and communication during the 1998-2026 time period. Compared to inflation for all items in 1998 (1.55%), inflation for education and communication was higher.
Below are calculations of equivalent buying power for Education and communication, over time, for $8,000,000 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $8,000,000.00 | 1.87% |
| 1999 | $8,071,131.79 | 0.89% |
| 2000 | $8,177,497.09 | 1.32% |
| 2001 | $8,395,545.95 | 2.67% |
| 2002 | $8,606,946.98 | 2.52% |
| 2003 | $8,757,852.75 | 1.75% |
| 2004 | $8,901,445.90 | 1.64% |
| 2005 | $9,068,971.25 | 1.88% |
| 2006 | $9,314,941.00 | 2.71% |
| 2007 | $9,539,105.87 | 2.41% |
| 2008 | $9,862,569.39 | 3.39% |
| 2009 | $10,162,672.43 | 3.04% |
| 2010 | $10,364,168.19 | 1.98% |
| 2011 | $10,487,598.47 | 1.19% |
| 2012 | $10,677,294.33 | 1.81% |
| 2013 | $10,840,192.79 | 1.53% |
| 2014 | $10,970,350.67 | 1.20% |
| 2015 | $11,025,441.25 | 0.50% |
| 2016 | $11,099,212.23 | 0.67% |
| 2017 | $10,889,685.89 | -1.89% |
| 2018 | $10,911,996.01 | 0.20% |
| 2019 | $10,992,029.25 | 0.73% |
| 2020 | $11,192,275.22 | 1.82% |
| 2021 | $11,376,752.53 | 1.65% |
| 2022 | $11,471,543.96 | 0.83% |
| 2023 | $11,582,602.63 | 0.97% |
| 2024 | $11,651,999.34 | 0.60% |
| 2025 | $11,714,235.12 | 0.53% |
| 2026 | $11,800,804.39 | 0.74%* |
* 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 | 2025 | 2026 |
| CPI | 85.467 | 88.775 | 92.192 | 95.325 | 98.442 | 100.283 | 101.175 | 102.508 | 105.242 | 107.892 | 109.783 | 111.583 | 113.683 | 116.767 | 119.577 | 123.631 | 127.393 | 129.919 | 131.466 | 133.844 | 135.886 | 137.518 | 138.208 | 139.133 | 136.507 | 136.786 | 137.790 | 140.300 | 142.612 | 143.801 | 145.193 | 146.063 | 146.843 | 147.928 |