According to the U.S. Bureau of Labor Statistics, prices for pet services are 101.47% higher in 2024 versus 2004 (a $20.29 difference in value).
Between 2004 and 2024: Pet services experienced an average inflation rate of 3.56% per year. This rate of change indicates significant inflation. In other words, pet services costing $20 in the year 2004 would cost $40.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for pet services was higher.
In the year 2004: Pricing changed by 3.77%, which is above the average yearly change for pet services during the 2004-2024 time period. Compared to inflation for all items in 2004 (2.68%), inflation for pet services was higher.
Below are calculations of equivalent buying power for Pet services, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2004 | $20.00 | 3.77% |
2005 | $20.98 | 4.92% |
2006 | $21.80 | 3.90% |
2007 | $22.80 | 4.58% |
2008 | $24.10 | 5.70% |
2009 | $25.04 | 3.89% |
2010 | $25.26 | 0.89% |
2011 | $26.23 | 3.82% |
2012 | $26.95 | 2.75% |
2013 | $27.53 | 2.15% |
2014 | $28.32 | 2.88% |
2015 | $29.01 | 2.43% |
2016 | $29.60 | 2.03% |
2017 | $29.91 | 1.06% |
2018 | $30.64 | 2.44% |
2019 | $31.39 | 2.45% |
2020 | $32.16 | 2.44% |
2021 | $33.72 | 4.86% |
2022 | $35.84 | 6.29% |
2023 | $37.87 | 5.67% |
2024 | $40.29 | 6.41%* |
* 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 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 | 2023 | 2024 |
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 | 223.758 | 236.445 | 251.594 |