Other services priced at $20 in 1989 $58.98 in 2024

Other Services Inflation Calculator

$

Prices for Other Services, 1989-2024 ($20)

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.

Price Inflation for Other services since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (9.50%), 1981 (9.33%), and 1982 (8.64%).

View price changes for other categories
Public transportation · Tampa, Florida · Fresh fruits · Bread · More

Buying power of $20.00 since 1989

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:

YearUSD ValueInflation Rate
1989$20.006.26%
1990$21.326.58%
1991$22.686.41%
1992$23.925.45%
1993$25.125.03%
1994$26.324.77%
1995$27.434.23%
1996$28.584.19%
1997$29.754.08%
1998$30.793.50%
1999$31.672.85%
2000$32.633.03%
2001$33.793.55%
2002$34.983.52%
2003$36.113.24%
2004$37.082.69%
2005$38.092.72%
2006$39.393.40%
2007$40.532.91%
2008$41.983.58%
2009$43.152.78%
2010$43.951.85%
2011$44.631.56%
2012$45.752.50%
2013$46.662.00%
2014$47.461.71%
2015$48.181.50%
2016$49.121.96%
2017$49.370.50%
2018$50.071.42%
2019$50.941.73%
2020$52.212.50%
2021$53.352.18%
2022$55.083.25%
2023$57.374.15%
2024$58.982.82%*

* 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:

Year1967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI35.98538.06939.96942.19244.39245.61547.67751.29255.06958.40862.05466.45471.87778.70886.05493.485100.008106.492113.000119.377125.708132.600140.900150.169159.800168.508176.977185.423193.262201.362209.577216.915223.108229.869238.038246.408254.400261.254268.362277.492285.559295.780303.992309.602314.431322.304328.746334.384339.394346.037347.781352.732358.850367.812375.824388.055404.160415.545

Adjust other services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1989 * 1989 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Other services was 140.900 in the year 1989 and 415.545 in 2024:

415.545 / 140.900 * $20 = $58.98

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1989 has the same "purchasing power" as $58.98 in 2024 (in the CPI category of Other services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other services in 1967. In addition to other 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.