Eye care priced at $100 in 2023 $102.78 in 2024

Eye Care Inflation Calculator

$

Prices for Eye Care, 2023-2024 ($100)

According to the U.S. Bureau of Labor Statistics, prices for eyeglasses and eye care are 2.78% higher in 2024 versus 2023 (a $2.78 difference in value).

Between 2023 and 2024: Eye care experienced an average inflation rate of 2.78% per year. This rate of change indicates significant inflation. In other words, eye care costing $100 in the year 2023 would cost $102.78 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% 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.

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
Parking fees and tolls · Admission to sporting events · Televisions · Frankfurters · More

Buying power of $100.00 since 2023

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:

YearUSD ValueInflation Rate
2023$100.001.75%
2024$102.782.78%*

* 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
CPI100.000103.462108.708112.362117.315121.900126.977130.362133.008137.038139.300141.454144.077145.469149.738154.523155.515155.931159.308163.238168.123171.619174.107175.468176.650178.252179.855180.775183.920183.960186.970187.301189.609191.429192.940193.985198.680202.164207.793

Adjust eye care prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Eyeglasses and eye care was 202.164 in the year 2023 and 207.793 in 2024:

207.793 / 202.164 * $100 = $102.78

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2023 has the same "purchasing power" as $102.78 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.

» Read more about inflation and investment.