According to the U.S. Bureau of Labor Statistics, prices for other personal services are 7.91% higher in 2022 versus 2020 (a $1.58 difference in value).
Between 2020 and 2022: Other personal services experienced an average inflation rate of 3.88% per year. This rate of change indicates significant inflation. In other words, other personal services costing $20 in the year 2020 would cost $21.58 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 5.26% during this same period, inflation for other personal services was lower.
In the year 2020: Pricing changed by 2.77%, which is below the average yearly change for other personal services during the 2020-2022 time period. Compared to inflation for all items in 2020 (1.23%), inflation for other personal services was higher.
Below are calculations of equivalent buying power for Other personal services, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $20.00 | 2.77% |
| 2021 | $20.64 | 3.20% |
| 2022 | $21.58 | 4.57%* |
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 | 2022 |
| 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 | 132.511 | 138.568 |