Miscellaneous personal services price inflation, 2018→2024

Miscellaneous Personal Services Inflation Calculator

Prices for Miscellaneous Personal Services, 2018-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for miscellaneous personal services are 26.18% higher in 2024 versus 2018 (a $5.24 difference in value).

Between 2018 and 2024: Miscellaneous personal services experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, miscellaneous personal services costing $20 in the year 2018 would cost $25.24 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation for miscellaneous personal services was higher.

In the year 2018: Pricing changed by 3.73%, which is below the average yearly change for miscellaneous personal services during the 2018-2024 time period. Compared to inflation for all items in 2018 (2.44%), 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%).

View price changes for other categories
Admission to sporting events · Wine at home · Houston, Texas · Airline fares · More

Buying power of $20.00 since 2018

Below are calculations of equivalent buying power for Miscellaneous personal services, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2018	$20.00	3.73%
2019	$20.42	2.08%
2020	$20.77	1.73%
2021	$21.16	1.90%
2022	$22.52	6.41%
2023	$24.12	7.10%
2024	$25.24	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

Adjust miscellaneous personal services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2018 * 2018 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miscellaneous personal services was 439.760 in the year 2018 and 554.893 in 2024:

554.893 / 439.760 * $20 = $25.24

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $25.24 in 2024 (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.