Laundry and dry cleaning services priced at $20 in 2007 $31.48 in 2022

Laundry And Dry Cleaning Services Inflation Calculator

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Prices for Laundry And Dry Cleaning Services, 2007-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for laundry and dry cleaning services are 57.42% higher in 2022 versus 2007 (a $11.48 difference in value).

Between 2007 and 2022: Laundry and dry cleaning services experienced an average inflation rate of 3.07% per year. This rate of change indicates significant inflation. In other words, laundry and dry cleaning services costing $20 in the year 2007 would cost $31.48 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.30% during this same period, inflation for laundry and dry cleaning services was higher.

In the year 2007: Pricing changed by 3.17%, which is above the average yearly change for laundry and dry cleaning services during the 2007-2022 time period. Compared to inflation for all items in 2007 (2.85%), 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: 2022 (8.21%), 2021 (4.50%), and 2008 (4.40%).

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Buying power of $20.00 since 2007

Below are calculations of equivalent buying power for Laundry and dry cleaning services, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2007$20.003.17%
2008$20.884.40%
2009$21.492.91%
2010$21.972.25%
2011$22.291.48%
2012$22.691.80%
2013$23.091.75%
2014$23.521.86%
2015$24.072.32%
2016$24.793.03%
2017$25.452.65%
2018$26.182.88%
2019$27.163.74%
2020$27.842.49%
2021$29.094.50%
2022$31.488.21%*

* 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 Laundry and dry cleaning services:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000101.438103.923106.031109.862113.231115.800119.023121.762125.454129.436135.133139.061142.184144.281146.874149.442152.218155.747160.462164.719169.455175.798180.180188.295203.752

Adjust laundry and dry cleaning services prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2007 * 2007 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Laundry and dry cleaning services was 129.436 in the year 2007 and 203.752 in 2022:

203.752 / 129.436 * $20 = $31.48

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2007 has the same "purchasing power" as $31.48 in 2022 (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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