According to the U.S. Bureau of Labor Statistics, prices for internet services and electronic information providers are 6.04% lower in 2024 versus 2006 (a $3.02 difference in value).
Between 2006 and 2024: Internet services experienced an average inflation rate of -0.35% per year. In other words, internet services costing $50 in the year 2006 would cost $46.98 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for internet services was lower.
In the year 2006: Pricing changed by -3.70%, which is significantly below the average yearly change for internet services during the 2006-2024 time period. Compared to inflation for all items in 2006 (3.23%), inflation for internet services was much lower.
Below are calculations of equivalent buying power for Internet services, over time, for $50 beginning in 2006. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2006 | $50.00 | -3.70% |
2007 | $39.73 | -20.53% |
2008 | $40.10 | 0.91% |
2009 | $41.52 | 3.55% |
2010 | $41.79 | 0.64% |
2011 | $41.39 | -0.94% |
2012 | $41.49 | 0.24% |
2013 | $41.87 | 0.92% |
2014 | $42.35 | 1.14% |
2015 | $42.06 | -0.70% |
2016 | $41.99 | -0.15% |
2017 | $41.52 | -1.13% |
2018 | $41.20 | -0.76% |
2019 | $41.82 | 1.50% |
2020 | $42.42 | 1.43% |
2021 | $43.04 | 1.47% |
2022 | $43.75 | 1.64% |
2023 | $45.39 | 3.76% |
2024 | $46.98 | 3.50%* |
* 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 | 86.600 |