Other personal services priced at $20 in 2020 $20.31 in 2021

Other Personal Services Inflation Calculator

$

Prices for Other Personal Services, 2020-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other personal services were 1.54% higher in 2021 versus 2020 (a $0.31 difference in value).

Between 2020 and 2021: Other personal services experienced an average inflation rate of 1.54% per year. In other words, other personal services costing $20 in the year 2020 would cost $20.31 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.68% during this same period, inflation for other personal services was lower.

In the year 2020: Pricing changed by 2.77%, which is above the average yearly change for other personal services during the 2020-2021 time period. Compared to inflation for all items in 2020 (1.23%), inflation for other personal services was higher.

Price Inflation for Other personal services since 2009

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2018 (3.32%), 2016 (2.81%), and 2020 (2.77%).

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

View price changes for other categories
Minneapolis-St Paul, Minnesota · Financial services · Bananas · Airline fares · More

Buying power of $20 since 2020

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 $20.31 1.54%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other personal services, 2020-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2020 * 2020 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Other personal services was 128.407 in the year 2020 and 130.382 in 2021:

130.382 / 128.407 * $20 = $20.31

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2020 has the same "purchasing power" as $20.31 in 2021 (in the CPI category of Other personal services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other personal services in 2009. In addition to other personal services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.