Laundry and dry cleaning services priced at $20 in 2019 $20.44 in 2020

Laundry And Dry Cleaning Services Inflation Calculator

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Prices for Laundry And Dry Cleaning Services, 2019-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for laundry and dry cleaning services were 2.20% higher in 2020 versus 2019 (a $0.44 difference in value).

Between 2019 and 2020: Laundry and dry cleaning services experienced an average inflation rate of 2.20% per year. This rate of change indicates significant inflation. In other words, laundry and dry cleaning services costing $20 in the year 2019 would cost $20.44 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 0.74% during this same period, inflation for laundry and dry cleaning services was higher.

In the year 2019: Pricing changed by 3.74%, which is above the average yearly change for laundry and dry cleaning services during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for laundry and dry cleaning services was higher.

Price Inflation for Laundry and dry cleaning services since 2004

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (4.41%), 2019 (3.74%), and 2007 (3.17%).

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

Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 119.025 121.758 125.450 129.432 135.133 139.061 142.184 144.281 146.874 149.442 152.218 155.747 160.462 164.719 169.455 175.798 179.662

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Buying power of $20 since 2019

Below are calculations of equivalent buying power for Laundry and dry cleaning services, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2019 $20.00 3.74%
2020 $20.44 2.20%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for laundry and dry cleaning services, 2019-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2019 * 2019 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Laundry and dry cleaning services was 175.798 in the year 2019 and 179.662 in 2020:

179.662 / 175.798 * $20 = $20.44

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2019 has the same "purchasing power" as $20.44 in 2020 (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 2004. 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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