According to the U.S. Bureau of Labor Statistics, prices for other personal services were 10.31% higher in 2021 versus 2017 (a $2.06 difference in value).
Between 2017 and 2021: Other personal services experienced an average inflation rate of 2.48% per year. This rate of change indicates significant inflation. In other words, other personal services costing $20 in the year 2017 would cost $22.06 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.79% during this same period, inflation for other personal services was higher.
In the year 2017: Pricing changed by 2.51%, which is above the average yearly change for other personal services during the 2017-2021 time period. Compared to inflation for all items in 2017 (2.13%), inflation for other personal services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other personal services:
Below are calculations of equivalent buying power for Other personal services, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|