According to the U.S. Bureau of Labor Statistics, prices for pet services are 119.48% higher in 2022 versus 1997 (a $23.90 difference in value).
Between 1997 and 2022: Pet services experienced an average inflation rate of 3.19% per year. This rate of change indicates significant inflation. In other words, pet services costing $20 in the year 1997 would cost $43.90 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.33% during this same period, inflation for pet services was higher.
Below are calculations of equivalent buying power for Pet services, 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 | $20.60 | 2.99% |
| 1999 | $20.96 | 1.74% |
| 2000 | $21.78 | 3.91% |
| 2001 | $22.51 | 3.37% |
| 2002 | $23.13 | 2.76% |
| 2003 | $24.07 | 4.04% |
| 2004 | $24.98 | 3.77% |
| 2005 | $26.20 | 4.92% |
| 2006 | $27.22 | 3.90% |
| 2007 | $28.47 | 4.58% |
| 2008 | $30.10 | 5.70% |
| 2009 | $31.27 | 3.89% |
| 2010 | $31.55 | 0.89% |
| 2011 | $32.75 | 3.82% |
| 2012 | $33.65 | 2.75% |
| 2013 | $34.37 | 2.15% |
| 2014 | $35.36 | 2.88% |
| 2015 | $36.22 | 2.43% |
| 2016 | $36.96 | 2.03% |
| 2017 | $37.35 | 1.06% |
| 2018 | $38.26 | 2.44% |
| 2019 | $39.20 | 2.45% |
| 2020 | $40.16 | 2.44% |
| 2021 | $42.10 | 4.86% |
| 2022 | $43.90 | 4.25%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pet services:
| 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 | 2022 |
| CPI | 100.000 | 102.992 | 104.785 | 108.885 | 112.554 | 115.662 | 120.338 | 124.877 | 131.015 | 136.123 | 142.361 | 150.475 | 156.334 | 157.729 | 163.755 | 168.254 | 171.871 | 176.823 | 181.112 | 184.787 | 186.744 | 191.304 | 195.989 | 200.777 | 210.525 | 219.477 |