According to the U.S. Bureau of Labor Statistics, prices for other personal services were 4.74% higher in 2021 versus 2019 (a $0.95 difference in value).
Between 2019 and 2021: Other personal services experienced an average inflation rate of 2.34% per year. This rate of change indicates significant inflation. In other words, other personal services costing $20 in the year 2019 would cost $20.95 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.05% during this same period, inflation for other personal services was higher.
In the year 2019: Pricing changed by 2.32%, which is below the average yearly change for other personal services during the 2019-2021 time period. Compared to inflation for all items in 2019 (1.81%), 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 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|