Pet services including veterinary price history from 2018 through 2019

Pet Services Including Veterinary Inflation Calculator

Prices for Pet Services Including Veterinary, 2018-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 3.68% higher in 2019 versus 2018 (a $0.74 difference in value).

Between 2018 and 2019: Pet services including veterinary experienced an average inflation rate of 3.68% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 2018 would cost $20.74 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.81% during this same period, inflation for pet services including veterinary was higher.

Price Inflation for Pet services including veterinary since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: and 2019 (3.68%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pet services including veterinary:

Year	2018	2019
CPI	244.724	253.718

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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Pet services including veterinary, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2018	$20.00	-
2019	$20.74	3.68%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for pet services including veterinary, 2018-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2018 * 2018 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Pet services including veterinary was 244.724 in the year 2018 and 253.718 in 2019:

253.718 / 244.724 * $20 = $20.74

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20.74 in 2019 (in the CPI category of Pet services including veterinary).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Pet services including veterinary in 2018. In addition to pet services including veterinary, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.