Pet services including veterinary priced at $20 in 1997 $54.21 in 2021

Pet Services Including Veterinary Inflation Calculator

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Prices for Pet Services Including Veterinary, 1997-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 171.06% higher in 2021 versus 1997 (a $34.21 difference in value).

Between 1997 and 2021: Pet services including veterinary experienced an average inflation rate of 4.24% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 1997 would cost $54.21 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.08% during this same period, inflation for pet services including veterinary was higher.

Price Inflation for Pet services including veterinary since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (7.58%), 2001 (6.28%), and 2008 (6.18%).

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

Year 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
CPI 100.000 102.400 106.554 114.631 121.831 128.231 134.885 142.277 150.269 156.469 165.707 175.953 184.380 190.755 200.257 206.369 211.497 218.223 225.864 233.776 238.598 244.724 253.718 262.360 271.064

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Buying power of $20 since 1997

Below are calculations of equivalent buying power for Pet services including veterinary, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1997 $20.00 -
1998 $20.48 2.40%
1999 $21.31 4.06%
2000 $22.93 7.58%
2001 $24.37 6.28%
2002 $25.65 5.25%
2003 $26.98 5.19%
2004 $28.46 5.48%
2005 $30.05 5.62%
2006 $31.29 4.13%
2007 $33.14 5.90%
2008 $35.19 6.18%
2009 $36.88 4.79%
2010 $38.15 3.46%
2011 $40.05 4.98%
2012 $41.27 3.05%
2013 $42.30 2.49%
2014 $43.64 3.18%
2015 $45.17 3.50%
2016 $46.76 3.50%
2017 $47.72 2.06%
2018 $48.94 2.57%
2019 $50.74 3.68%
2020 $52.47 3.41%
2021 $54.21 3.32%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for pet services including veterinary, 1997-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1997 * 1997 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Pet services including veterinary was 100.000 in the year 1997 and 271.064 in 2021:

271.064 / 100.000 * $20 = $54.21

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $54.21 in 2021 (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 1997. 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.

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