According to the U.S. Bureau of Labor Statistics, prices for other services are 709.55% higher in 2024 versus 1974 (a $141.91 difference in value).
Between 1974 and 2024: Other services experienced an average inflation rate of 4.27% per year. This rate of change indicates significant inflation. In other words, other services costing $20 in the year 1974 would cost $161.91 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.77% during this same period, inflation for other services was higher.
In the year 1974: Pricing changed by 7.58%, which is significantly above the average yearly change for other services during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), inflation for other services was much lower.
Below are calculations of equivalent buying power for Other services, over time, for $20 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1974 | $20.00 | 7.58% |
1975 | $21.47 | 7.36% |
1976 | $22.77 | 6.06% |
1977 | $24.20 | 6.24% |
1978 | $25.91 | 7.09% |
1979 | $28.03 | 8.16% |
1980 | $30.69 | 9.50% |
1981 | $33.55 | 9.33% |
1982 | $36.45 | 8.64% |
1983 | $39.00 | 6.98% |
1984 | $41.52 | 6.48% |
1985 | $44.06 | 6.11% |
1986 | $46.55 | 5.64% |
1987 | $49.02 | 5.30% |
1988 | $51.70 | 5.48% |
1989 | $54.94 | 6.26% |
1990 | $58.55 | 6.58% |
1991 | $62.31 | 6.41% |
1992 | $65.70 | 5.45% |
1993 | $69.01 | 5.03% |
1994 | $72.30 | 4.77% |
1995 | $75.36 | 4.23% |
1996 | $78.52 | 4.19% |
1997 | $81.72 | 4.08% |
1998 | $84.58 | 3.50% |
1999 | $86.99 | 2.85% |
2000 | $89.63 | 3.03% |
2001 | $92.82 | 3.55% |
2002 | $96.08 | 3.52% |
2003 | $99.20 | 3.24% |
2004 | $101.87 | 2.69% |
2005 | $104.64 | 2.72% |
2006 | $108.20 | 3.40% |
2007 | $111.35 | 2.91% |
2008 | $115.33 | 3.58% |
2009 | $118.53 | 2.78% |
2010 | $120.72 | 1.85% |
2011 | $122.60 | 1.56% |
2012 | $125.67 | 2.50% |
2013 | $128.19 | 2.00% |
2014 | $130.38 | 1.71% |
2015 | $132.34 | 1.50% |
2016 | $134.93 | 1.96% |
2017 | $135.61 | 0.50% |
2018 | $137.54 | 1.42% |
2019 | $139.92 | 1.73% |
2020 | $143.42 | 2.50% |
2021 | $146.54 | 2.18% |
2022 | $151.31 | 3.25% |
2023 | $157.59 | 4.15% |
2024 | $161.91 | 2.74%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other services:
Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 35.985 | 38.069 | 39.969 | 42.192 | 44.392 | 45.615 | 47.677 | 51.292 | 55.069 | 58.408 | 62.054 | 66.454 | 71.877 | 78.708 | 86.054 | 93.485 | 100.008 | 106.492 | 113.000 | 119.377 | 125.708 | 132.600 | 140.900 | 150.169 | 159.800 | 168.508 | 176.977 | 185.423 | 193.262 | 201.362 | 209.577 | 216.915 | 223.108 | 229.869 | 238.038 | 246.408 | 254.400 | 261.254 | 268.362 | 277.492 | 285.559 | 295.780 | 303.992 | 309.602 | 314.431 | 322.304 | 328.746 | 334.384 | 339.394 | 346.037 | 347.781 | 352.732 | 358.850 | 367.812 | 375.824 | 388.055 | 404.160 | 415.237 |