According to the U.S. Bureau of Labor Statistics, prices for other services are 194.92% higher in 2024 versus 1989 (a $38.98 difference in value).
Between 1989 and 2024: Other services experienced an average inflation rate of 3.14% per year. This rate of change indicates significant inflation. In other words, other services costing $20 in the year 1989 would cost $58.98 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.69% during this same period, inflation for other services was higher.
In the year 1989: Pricing changed by 6.26%, which is significantly above the average yearly change for other services during the 1989-2024 time period. Compared to inflation for all items in 1989 (4.83%), inflation for other services was higher.
Below are calculations of equivalent buying power for Other services, over time, for $20 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1989 | $20.00 | 6.26% |
1990 | $21.32 | 6.58% |
1991 | $22.68 | 6.41% |
1992 | $23.92 | 5.45% |
1993 | $25.12 | 5.03% |
1994 | $26.32 | 4.77% |
1995 | $27.43 | 4.23% |
1996 | $28.58 | 4.19% |
1997 | $29.75 | 4.08% |
1998 | $30.79 | 3.50% |
1999 | $31.67 | 2.85% |
2000 | $32.63 | 3.03% |
2001 | $33.79 | 3.55% |
2002 | $34.98 | 3.52% |
2003 | $36.11 | 3.24% |
2004 | $37.08 | 2.69% |
2005 | $38.09 | 2.72% |
2006 | $39.39 | 3.40% |
2007 | $40.53 | 2.91% |
2008 | $41.98 | 3.58% |
2009 | $43.15 | 2.78% |
2010 | $43.95 | 1.85% |
2011 | $44.63 | 1.56% |
2012 | $45.75 | 2.50% |
2013 | $46.66 | 2.00% |
2014 | $47.46 | 1.71% |
2015 | $48.18 | 1.50% |
2016 | $49.12 | 1.96% |
2017 | $49.37 | 0.50% |
2018 | $50.07 | 1.42% |
2019 | $50.94 | 1.73% |
2020 | $52.21 | 2.50% |
2021 | $53.35 | 2.18% |
2022 | $55.08 | 3.25% |
2023 | $57.37 | 4.15% |
2024 | $58.98 | 2.82%* |
* 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 | 415.545 |