Laundry and dry cleaning services priced at $20 in 1997 $36.66 in 2021

Laundry And Dry Cleaning Services Inflation Calculator

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Prices for Laundry And Dry Cleaning Services, 1997-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for laundry and dry cleaning services were 83.32% higher in 2021 versus 1997 (a $16.66 difference in value).

Between 1997 and 2021: Laundry and dry cleaning services experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, laundry and dry cleaning services costing $20 in the year 1997 would cost $36.66 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for laundry and dry cleaning services was higher.

Price Inflation for Laundry and dry cleaning services since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (4.40%), 2019 (3.74%), and 2001 (3.61%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Laundry and dry cleaning services:

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
CPI 100.000 101.438 103.923 106.031 109.862 113.231 115.800 119.023 121.762 125.454 129.436 135.133 139.061 142.184 144.281 146.874 149.442 152.218 155.747 160.462 164.719 169.455 175.798 180.180 183.321

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Buying power of $20 since 1997

Below are calculations of equivalent buying power for Laundry and dry cleaning services, over time, for $20 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 $20.00 -
1998 $20.29 1.44%
1999 $20.78 2.45%
2000 $21.21 2.03%
2001 $21.97 3.61%
2002 $22.65 3.07%
2003 $23.16 2.27%
2004 $23.80 2.78%
2005 $24.35 2.30%
2006 $25.09 3.03%
2007 $25.89 3.17%
2008 $27.03 4.40%
2009 $27.81 2.91%
2010 $28.44 2.25%
2011 $28.86 1.48%
2012 $29.37 1.80%
2013 $29.89 1.75%
2014 $30.44 1.86%
2015 $31.15 2.32%
2016 $32.09 3.03%
2017 $32.94 2.65%
2018 $33.89 2.88%
2019 $35.16 3.74%
2020 $36.04 2.49%
2021 $36.66 1.74%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for laundry and dry cleaning services, 1997-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1997 * 1997 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Laundry and dry cleaning services was 100.000 in the year 1997 and 183.321 in 2021:

183.321 / 100.000 * $20 = $36.66

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $36.66 in 2021 (in the CPI category of Laundry and dry cleaning services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Laundry and dry cleaning services in 1997. In addition to laundry and dry cleaning 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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