According to the U.S. Bureau of Labor Statistics, prices for outpatient hospital services are 224.48% higher in 2024 versus 2001 (a $44.90 difference in value).
Between 2001 and 2024: Outpatient hospital services experienced an average inflation rate of 5.25% per year. This rate of change indicates significant inflation. In other words, outpatient hospital services costing $20 in the year 2001 would cost $64.90 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for outpatient hospital services was higher.
In the year 2001: Pricing changed by 6.58%, which is above the average yearly change for outpatient hospital services during the 2001-2024 time period. Compared to inflation for all items in 2001 (2.83%), inflation for outpatient hospital services was much higher.
Below are calculations of equivalent buying power for Outpatient hospital services, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2001 | $20.00 | 6.58% |
2002 | $22.04 | 10.19% |
2003 | $24.04 | 9.09% |
2004 | $25.35 | 5.43% |
2005 | $26.53 | 4.69% |
2006 | $28.10 | 5.90% |
2007 | $30.18 | 7.40% |
2008 | $32.50 | 7.69% |
2009 | $34.90 | 7.39% |
2010 | $37.03 | 6.10% |
2011 | $38.90 | 5.05% |
2012 | $40.84 | 4.97% |
2013 | $42.80 | 4.82% |
2014 | $44.74 | 4.53% |
2015 | $46.47 | 3.86% |
2016 | $47.83 | 2.94% |
2017 | $50.21 | 4.97% |
2018 | $52.33 | 4.23% |
2019 | $53.20 | 1.66% |
2020 | $54.89 | 3.17% |
2021 | $56.25 | 2.48% |
2022 | $58.02 | 3.15% |
2023 | $61.13 | 5.35% |
2024 | $64.90 | 6.17%* |
* 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 Outpatient hospital services:
Year | 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 | 100.000 | 103.331 | 112.515 | 124.738 | 138.700 | 153.392 | 168.669 | 184.308 | 195.023 | 204.562 | 215.054 | 224.862 | 233.154 | 246.000 | 263.792 | 281.138 | 309.777 | 337.931 | 356.277 | 372.985 | 395.008 | 424.230 | 456.849 | 490.622 | 520.550 | 546.863 | 574.023 | 601.670 | 628.913 | 653.191 | 672.374 | 705.811 | 735.647 | 747.849 | 771.583 | 790.720 | 815.619 | 859.231 | 912.231 |