Gardening and lawncare services priced at $20 in 2018 $22.20 in 2020

Gardening And Lawncare Services Inflation Calculator


Prices for Gardening And Lawncare Services, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for gardening and lawncare services were 11.02% higher in 2020 versus 2018 (a $2.20 difference in value).

Between 2018 and 2020: Gardening and lawncare services experienced an average inflation rate of 5.37% per year. This rate of change indicates significant inflation. In other words, gardening and lawncare services costing $20 in the year 2018 would cost $22.20 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for gardening and lawncare services was significantly higher.

Price Inflation for Gardening and lawncare services since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2019 (6.33%), and 2020 (4.41%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Gardening and lawncare services:

Year 2018 2019 2020
CPI 193.074 205.292 214.354

View price changes for other categories
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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Gardening and lawncare services, over time, for $20 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
2018 $20.00 -
2019 $21.27 6.33%
2020 $22.20 4.41%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for gardening and lawncare services, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Gardening and lawncare services was 193.074 in the year 2018 and 214.354 in 2020:

214.354 / 193.074 * $20 = $22.20

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $22.20 in 2020 (in the CPI category of Gardening and lawncare services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Gardening and lawncare services in 2018. In addition to gardening and lawncare services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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