Health insurance priced at $20 in 2005 $30.52 in 2019

Health Insurance Inflation Calculator

$

Prices for Health Insurance, 2005-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for health insurance were 52.58% higher in 2019 versus 2005 (a $10.52 difference in value).

Between 2005 and 2019: Health insurance experienced an average inflation rate of 3.06% per year. This rate of change indicates significant inflation. In other words, health insurance costing $20 in the year 2005 would cost $30.52 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.93% during this same period, inflation for health insurance was higher.

Price Inflation for Health insurance since 2005

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2019 (12.64%), 2012 (12.13%), and 2007 (10.12%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Health insurance:

Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
CPI 100.000 103.092 113.520 114.221 110.527 106.627 105.484 118.280 122.973 122.108 123.567 131.774 133.947 135.463 152.584

View price changes for other categories
Parking fees and tolls · Juices and nonalcoholic drinks · New trucks · Dental services · More

Buying power of $20 since 2005

Below are calculations of equivalent buying power for Health insurance, over time, for $20 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2005 $20.00 -
2006 $20.62 3.09%
2007 $22.70 10.12%
2008 $22.84 0.62%
2009 $22.11 -3.23%
2010 $21.33 -3.53%
2011 $21.10 -1.07%
2012 $23.66 12.13%
2013 $24.59 3.97%
2014 $24.42 -0.70%
2015 $24.71 1.19%
2016 $26.35 6.64%
2017 $26.79 1.65%
2018 $27.09 1.13%
2019 $30.52 12.64%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for health insurance, 2005-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2005 * 2005 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Health insurance was 100.000 in the year 2005 and 152.584 in 2019:

152.584 / 100.000 * $20 = $30.52

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2005 has the same "purchasing power" as $30.52 in 2019 (in the CPI category of Health insurance).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Health insurance in 2005. In addition to health insurance, 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.