According to the U.S. Bureau of Labor Statistics, prices for eyeglasses and eye care were 1.76% higher in 2020 versus 2018 (a $1.76 difference in value).
Between 2018 and 2020: Eye care experienced an average inflation rate of 0.87% per year. In other words, eye care costing $100 in the year 2018 would cost $101.76 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for eye care was lower.
In the year 2018: Pricing changed by 1.23%, which is above the average yearly change for eye care during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for eye care was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Eyeglasses and eye care:
Below are calculations of equivalent buying power for Eye care, over time, for $100 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|