According to the U.S. Bureau of Labor Statistics, prices for internet services and electronic information providers are 11.87% higher in 2024 versus 2016 (a $5.94 difference in value).
Between 2016 and 2024: Internet services experienced an average inflation rate of 1.41% per year. In other words, internet services costing $50 in the year 2016 would cost $55.94 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for internet services was lower.
In the year 2016: Pricing changed by -0.15%, which is below the average yearly change for internet services during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for internet services was lower.
Below are calculations of equivalent buying power for Internet services, over time, for $50 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $50.00 | -0.15% |
| 2017 | $49.43 | -1.13% |
| 2018 | $49.06 | -0.76% |
| 2019 | $49.79 | 1.50% |
| 2020 | $50.51 | 1.43% |
| 2021 | $51.25 | 1.47% |
| 2022 | $52.09 | 1.64% |
| 2023 | $54.04 | 3.76% |
| 2024 | $55.94 | 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 |