According to the U.S. Bureau of Labor Statistics, prices for miscellaneous personal services are 295.59% higher in 2024 versus 1988 (a $59.12 difference in value).
Between 1988 and 2024: Miscellaneous personal services experienced an average inflation rate of 3.89% per year. This rate of change indicates significant inflation. In other words, miscellaneous personal services costing $20 in the year 1988 would cost $79.12 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for miscellaneous personal services was higher.
In the year 1988: Pricing changed by 4.79%, which is above the average yearly change for miscellaneous personal services during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for miscellaneous personal services was higher.
Below are calculations of equivalent buying power for Miscellaneous personal services, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1988 | $20.00 | 4.79% |
| 1989 | $21.11 | 5.56% |
| 1990 | $22.59 | 6.98% |
| 1991 | $24.07 | 6.59% |
| 1992 | $25.31 | 5.13% |
| 1993 | $26.54 | 4.85% |
| 1994 | $27.94 | 5.27% |
| 1995 | $29.36 | 5.09% |
| 1996 | $30.74 | 4.70% |
| 1997 | $32.23 | 4.87% |
| 1998 | $33.47 | 3.83% |
| 1999 | $34.65 | 3.52% |
| 2000 | $35.97 | 3.82% |
| 2001 | $37.51 | 4.29% |
| 2002 | $39.12 | 4.28% |
| 2003 | $40.42 | 3.33% |
| 2004 | $41.90 | 3.66% |
| 2005 | $43.21 | 3.11% |
| 2006 | $44.72 | 3.50% |
| 2007 | $46.34 | 3.62% |
| 2008 | $48.32 | 4.29% |
| 2009 | $49.12 | 1.64% |
| 2010 | $50.48 | 2.78% |
| 2011 | $51.74 | 2.49% |
| 2012 | $53.14 | 2.72% |
| 2013 | $54.45 | 2.47% |
| 2014 | $55.56 | 2.04% |
| 2015 | $56.94 | 2.47% |
| 2016 | $58.71 | 3.12% |
| 2017 | $60.45 | 2.95% |
| 2018 | $62.70 | 3.73% |
| 2019 | $64.01 | 2.08% |
| 2020 | $65.11 | 1.73% |
| 2021 | $66.35 | 1.90% |
| 2022 | $70.61 | 6.41% |
| 2023 | $75.62 | 7.10% |
| 2024 | $79.12 | 4.62%* |
* 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 Miscellaneous personal services:
| Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 53.900 | 56.277 | 60.962 | 69.185 | 78.469 | 88.923 | 100.900 | 110.185 | 117.377 | 125.108 | 133.862 | 140.269 | 148.069 | 158.400 | 168.838 | 177.500 | 186.108 | 195.923 | 205.900 | 215.569 | 226.077 | 234.738 | 243.008 | 252.292 | 263.108 | 274.362 | 283.500 | 293.885 | 303.038 | 313.631 | 324.984 | 338.921 | 344.469 | 354.052 | 362.854 | 372.723 | 381.912 | 389.697 | 399.333 | 411.794 | 423.960 | 439.760 | 448.898 | 456.671 | 465.353 | 495.203 | 530.364 | 554.893 |