According to the U.S. Bureau of Labor Statistics, prices for eyeglasses and eye care are 3% higher in 2024 versus 2023 (a $3 difference in value).
Between 2023 and 2024: Eye care experienced an average inflation rate of 3% per year. This rate of change indicates significant inflation. In other words, eye care costing $100 in the year 2023 would cost $103 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for eye care was higher.
In the year 2023: Pricing changed by 1.75%, which is below the average yearly change for eye care during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for eye care was lower.
Below are calculations of equivalent buying power for Eye care, over time, for $100 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2023 | $100.00 | 1.75% |
| 2024 | $103.00 | 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 |