According to the U.S. Bureau of Labor Statistics, prices for internet services and electronic information providers are 13.10% lower in 2024 versus 1997 (a $6.55 difference in value).
Between 1997 and 2024: Internet services experienced an average inflation rate of -0.52% per year. In other words, internet services costing $50 in the year 1997 would cost $43.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for internet services was significantly lower.
Below are calculations of equivalent buying power for Internet services, over time, for $50 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1997 | $50.00 | - |
1998 | $51.23 | 2.46% |
1999 | $46.12 | -9.98% |
2000 | $48.19 | 4.50% |
2001 | $49.03 | 1.74% |
2002 | $49.45 | 0.86% |
2003 | $49.90 | 0.92% |
2004 | $48.68 | -2.45% |
2005 | $47.85 | -1.70% |
2006 | $46.08 | -3.70% |
2007 | $36.62 | -20.53% |
2008 | $36.96 | 0.91% |
2009 | $38.27 | 3.55% |
2010 | $38.51 | 0.64% |
2011 | $38.15 | -0.94% |
2012 | $38.24 | 0.24% |
2013 | $38.60 | 0.92% |
2014 | $39.03 | 1.14% |
2015 | $38.76 | -0.70% |
2016 | $38.71 | -0.15% |
2017 | $38.27 | -1.13% |
2018 | $37.98 | -0.76% |
2019 | $38.55 | 1.50% |
2020 | $39.10 | 1.43% |
2021 | $39.67 | 1.47% |
2022 | $40.32 | 1.64% |
2023 | $41.84 | 3.76% |
2024 | $43.45 | 3.86%* |
* 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 Internet services and electronic information providers:
Year | 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 | 102.462 | 92.238 | 96.385 | 98.062 | 98.900 | 99.808 | 97.362 | 95.708 | 92.169 | 73.247 | 73.912 | 76.535 | 77.027 | 76.302 | 76.487 | 77.190 | 78.069 | 77.524 | 77.411 | 76.534 | 75.954 | 77.090 | 78.194 | 79.340 | 80.642 | 83.670 | 86.898 |