According to the U.S. Bureau of Labor Statistics, prices for other personal services were 21.12% higher in 2021 versus 2013 (a $4.22 difference in value).
Between 2013 and 2021: Other personal services experienced an average inflation rate of 2.42% per year. This rate of change indicates significant inflation. In other words, other personal services costing $20 in the year 2013 would cost $24.22 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.54% during this same period, inflation for other personal services was higher.
In the year 2013: Pricing changed by 2.27%, which is below the average yearly change for other personal services during the 2013-2021 time period. Compared to inflation for all items in 2013 (1.46%), inflation for other personal services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other personal services:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
CPI | 100.000 | 101.164 | 102.926 | 105.254 | 107.646 | 109.570 | 112.145 | 115.300 | 118.192 | 122.113 | 124.941 | 128.407 | 130.382 |
Below are calculations of equivalent buying power for Other personal services, over time, for $20 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2013 | $20.00 | 2.27% |
2014 | $20.36 | 1.79% |
2015 | $20.84 | 2.35% |
2016 | $21.42 | 2.81% |
2017 | $21.96 | 2.51% |
2018 | $22.69 | 3.32% |
2019 | $23.21 | 2.32% |
2020 | $23.86 | 2.77% |
2021 | $24.22 | 1.54%* |