Fees for lessons or instructions price inflation, 2021→2026

Fees For Lessons Or Instructions Inflation Calculator

Prices for Fees For Lessons Or Instructions, 2021-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fees for lessons or instructions are 21.70% higher in 2026 versus 2021 (a $4.34 difference in value).

Between 2021 and 2026:Fees for lessons or instructions experienced an average inflation rate of 4.01% per year. This rate of change indicates significant inflation. In other words, fees for lessons or instructions costing $20 in the year 2021 would cost $24.34 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.65% during this same period, inflation for fees for lessons or instructions was higher.

In the year 2021: Pricing changed by 4.85%, which is above the average yearly change for fees for lessons or instructions during the 2021-2026 time period. Compared to inflation for all items in 2021 (4.70%), inflation for fees for lessons or instructions was higher.

Price Inflation for Fees for lessons or instructions since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2023 (9.15%), 1990 (7.04%), and 1989 (6.78%).

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Buying power of $20.00 since 2021

Below are calculations of equivalent buying power for Fees for lessons or instructions, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2021	$20.00	4.85%
2022	$20.65	3.26%
2023	$22.54	9.15%
2024	$23.24	3.12%
2025	$23.97	3.14%
2026	$24.34	1.52%*

* 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 Fees for lessons or instructions:

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	2025	2026
CPI	100.000	102.017	107.350	114.625	122.692	130.025	135.283	141.908	149.300	154.467	160.567	168.783	175.967	183.933	188.425	195.600	203.525	212.750	221.367	228.508	235.967	245.485	253.722	261.232	265.137	268.651	271.887	277.102	281.195	287.430	293.075	303.645	312.067	319.044	324.548	340.282	351.368	383.536	395.485	407.909	414.112

Adjust fees for lessons or instructions prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2021* 2021 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Fees for lessons or instructions was 340.282 in the year 2021 and 414.112 in 2026:

414.112 / 340.282* $20 = $24.34

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $24.34 in 2026 (in the CPI category of Fees for lessons or instructions).

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