According to the U.S. Bureau of Labor Statistics, prices for pet services were 79.55% higher in 2019 versus 2000 (a $15.91 difference in value).
Between 2000 and 2019: Pet services experienced an average inflation rate of 3.13% per year. This rate of change indicates significant inflation. In other words, pet services costing $20 in the year 2000 would cost $35.91 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for pet services was higher.
In the year 2000: Pricing changed by 3.91%, which is above the average yearly change for pet services during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for pet services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pet services:
Year | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
CPI | 102.992 | 104.792 | 108.892 | 112.550 | 115.658 | 120.342 | 124.875 | 131.017 | 136.125 | 142.361 | 150.475 | 156.334 | 157.729 | 163.755 | 168.254 | 171.871 | 176.823 | 181.112 | 184.787 | 186.744 | 191.304 | 195.515 |
Below are calculations of equivalent buying power for Pet services, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $20.00 | 3.91% |
2001 | $20.67 | 3.36% |
2002 | $21.24 | 2.76% |
2003 | $22.10 | 4.05% |
2004 | $22.94 | 3.77% |
2005 | $24.06 | 4.92% |
2006 | $25.00 | 3.90% |
2007 | $26.15 | 4.58% |
2008 | $27.64 | 5.70% |
2009 | $28.71 | 3.89% |
2010 | $28.97 | 0.89% |
2011 | $30.08 | 3.82% |
2012 | $30.90 | 2.75% |
2013 | $31.57 | 2.15% |
2014 | $32.48 | 2.88% |
2015 | $33.26 | 2.43% |
2016 | $33.94 | 2.03% |
2017 | $34.30 | 1.06% |
2018 | $35.14 | 2.44% |
2019 | $35.91 | 2.20%* |