Eye care priced at $100 in 1998 $144.53 in 2024

Eye Care Inflation Calculator

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Prices for Eye Care, 1998-2024 ($100)

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.

Price Inflation for Eyeglasses and eye care since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1988 (5.07%), 1990 (4.41%), and 1992 (4.16%).

View price changes for other categories
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Buying power of $100.00 since 1998

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:

YearUSD ValueInflation Rate
1998$100.001.85%
1999$100.970.97%
2000$103.932.93%
2001$107.253.20%
2002$107.940.64%
2003$108.230.27%
2004$110.572.17%
2005$113.302.47%
2006$116.692.99%
2007$119.122.08%
2008$120.841.45%
2009$121.790.78%
2010$122.610.67%
2011$123.720.91%
2012$124.830.90%
2013$125.470.51%
2014$127.651.74%
2015$127.680.02%
2016$129.771.64%
2017$130.000.18%
2018$131.601.23%
2019$132.870.96%
2020$133.910.79%
2021$134.640.54%
2022$137.902.42%
2023$140.321.75%
2024$144.533.00%*

* 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:

Year198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000103.462108.708112.362117.315121.900126.977130.362133.008137.038139.300141.454144.077145.469149.738154.523155.515155.931159.308163.238168.123171.619174.107175.468176.650178.252179.855180.775183.920183.960186.970187.301189.609191.429192.940193.985198.680202.164208.230

Adjust eye care prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1998 * 1998 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Eyeglasses and eye care was 144.077 in the year 1998 and 208.230 in 2024:

208.230 / 144.077 * $100 = $144.53

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1998 has the same "purchasing power" as $144.53 in 2024 (in the CPI category of Eyeglasses and eye care).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Eyeglasses and eye care in 1986. In addition to eye care, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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