According to the U.S. Bureau of Labor Statistics, prices for other services are 20% higher in 2024 versus 2016 (a $4 difference in value).
Between 2016 and 2024: Other services experienced an average inflation rate of 2.30% per year. This rate of change indicates significant inflation. In other words, other services costing $20 in the year 2016 would cost $24 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for other services was lower.
In the year 2016: Pricing changed by 1.96%, which is below the average yearly change for other services during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for other services was higher.
Below are calculations of equivalent buying power for Other services, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $20.00 | 1.96% |
| 2017 | $20.10 | 0.50% |
| 2018 | $20.39 | 1.42% |
| 2019 | $20.74 | 1.73% |
| 2020 | $21.26 | 2.50% |
| 2021 | $21.72 | 2.18% |
| 2022 | $22.43 | 3.25% |
| 2023 | $23.36 | 4.15% |
| 2024 | $24.00 | 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 |