According to the U.S. Bureau of Labor Statistics, prices for eyeglasses and eye care are 44.53% higher in 2024 versus 1998 (a $44.53 difference in value).
Between 1998 and 2024: Eye care experienced an average inflation rate of 1.43% per year. In other words, eye care costing $100 in the year 1998 would cost $144.53 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for eye care was lower.
In the year 1998: Pricing changed by 1.85%, which is above the average yearly change for eye care during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for eye care was higher.
Below are calculations of equivalent buying power for Eye care, over time, for $100 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 | $100.00 | 1.85% |
1999 | $100.97 | 0.97% |
2000 | $103.93 | 2.93% |
2001 | $107.25 | 3.20% |
2002 | $107.94 | 0.64% |
2003 | $108.23 | 0.27% |
2004 | $110.57 | 2.17% |
2005 | $113.30 | 2.47% |
2006 | $116.69 | 2.99% |
2007 | $119.12 | 2.08% |
2008 | $120.84 | 1.45% |
2009 | $121.79 | 0.78% |
2010 | $122.61 | 0.67% |
2011 | $123.72 | 0.91% |
2012 | $124.83 | 0.90% |
2013 | $125.47 | 0.51% |
2014 | $127.65 | 1.74% |
2015 | $127.68 | 0.02% |
2016 | $129.77 | 1.64% |
2017 | $130.00 | 0.18% |
2018 | $131.60 | 1.23% |
2019 | $132.87 | 0.96% |
2020 | $133.91 | 0.79% |
2021 | $134.64 | 0.54% |
2022 | $137.90 | 2.42% |
2023 | $140.32 | 1.75% |
2024 | $144.53 | 3.00%* |
* 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 Eyeglasses and eye care:
Year | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 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 | 100.000 | 103.462 | 108.708 | 112.362 | 117.315 | 121.900 | 126.977 | 130.362 | 133.008 | 137.038 | 139.300 | 141.454 | 144.077 | 145.469 | 149.738 | 154.523 | 155.515 | 155.931 | 159.308 | 163.238 | 168.123 | 171.619 | 174.107 | 175.468 | 176.650 | 178.252 | 179.855 | 180.775 | 183.920 | 183.960 | 186.970 | 187.301 | 189.609 | 191.429 | 192.940 | 193.985 | 198.680 | 202.164 | 208.230 |