According to the U.S. Bureau of Labor Statistics, prices for other goods and services were 22.42% higher in 2021 versus 2011 (a $22.42 difference in value).
Between 2011 and 2021: Other goods and services experienced an average inflation rate of 2.04% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $100 in the year 2011 would cost $122.42 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.79% during this same period, inflation for other goods and services was higher.
In the year 2011: Pricing changed by 1.56%, which is below the average yearly change for other goods and services during the 2011-2021 time period. Compared to inflation for all items in 2011 (3.16%), inflation for other goods and services was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other goods and services:
Below are calculations of equivalent buying power for Other goods and services, over time, for $100 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|