Miscellaneous personal services priced at $20 in 1989 $62.40 in 2021

Miscellaneous Personal Services Inflation Calculator

$

Prices for Miscellaneous Personal Services, 1989-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for miscellaneous personal services were 212% higher in 2021 versus 1989 (a $42.40 difference in value).

Between 1989 and 2021: Miscellaneous personal services experienced an average inflation rate of 3.62% per year. This rate of change indicates significant inflation. In other words, miscellaneous personal services costing $20 in the year 1989 would cost $62.40 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation for miscellaneous personal services was higher.

In the year 1989: Pricing changed by 5.56%, which is above the average yearly change for miscellaneous personal services during the 1989-2021 time period. Compared to inflation for all items in 1989 (4.83%), inflation for miscellaneous personal services was higher.

Price Inflation for Miscellaneous personal services since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (13.49%), 1983 (13.47%), and 1981 (13.42%).

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
CPI 53.900 56.277 60.962 69.185 78.469 88.923 100.900 110.185 117.377 125.108 133.862 140.269 148.069 158.400 168.838 177.500 186.108 195.923 205.900 215.569 226.077 234.738 243.008 252.292 263.108 274.362 283.500 293.885 303.038 313.631 324.984 338.921 344.469 354.052 362.854 372.723 381.912 389.697 399.333 411.794 423.960 439.760 448.898 456.671 461.979

View price changes for other categories
Housing · Financial services · Educational books and supplies · College tuition and fees · More

Buying power of $20 since 1989

Below are calculations of equivalent buying power for Miscellaneous personal services, over time, for $20 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1989 $20.00 5.56%
1990 $21.40 6.98%
1991 $22.81 6.59%
1992 $23.98 5.13%
1993 $25.14 4.85%
1994 $26.46 5.27%
1995 $27.81 5.09%
1996 $29.12 4.70%
1997 $30.54 4.87%
1998 $31.71 3.83%
1999 $32.82 3.52%
2000 $34.08 3.82%
2001 $35.54 4.29%
2002 $37.06 4.28%
2003 $38.29 3.33%
2004 $39.70 3.66%
2005 $40.93 3.11%
2006 $42.36 3.50%
2007 $43.90 3.62%
2008 $45.78 4.29%
2009 $46.53 1.64%
2010 $47.82 2.78%
2011 $49.01 2.49%
2012 $50.34 2.72%
2013 $51.59 2.47%
2014 $52.64 2.04%
2015 $53.94 2.47%
2016 $55.62 3.12%
2017 $57.27 2.95%
2018 $59.40 3.73%
2019 $60.63 2.08%
2020 $61.68 1.73%
2021 $62.40 1.16%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for miscellaneous personal services, 1989-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1989 * 1989 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Miscellaneous personal services was 148.069 in the year 1989 and 461.979 in 2021:

461.979 / 148.069 * $20 = $62.40

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1989 has the same "purchasing power" as $62.40 in 2021 (in the CPI category of Miscellaneous personal services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Miscellaneous personal services in 1977. In addition to miscellaneous personal services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.