Pet services priced at $20 in 2014 $22.65 in 2020

Pet Services Inflation Calculator

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Prices for Pet Services, 2014-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pet services were 13.23% higher in 2020 versus 2014 (a $2.65 difference in value).

Between 2014 and 2020: Pet services experienced an average inflation rate of 2.09% per year. This rate of change indicates significant inflation. In other words, pet services costing $20 in the year 2014 would cost $22.65 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.45% during this same period, inflation for pet services was higher.

In the year 2014: Pricing changed by 2.88%, which is above the average yearly change for pet services during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for pet services was higher.

Price Inflation for Pet services since 1998

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (5.70%), 2005 (4.92%), and 2007 (4.58%).

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 2020
CPI 102.992 104.792 108.892 112.550 115.658 120.342 124.875 131.017 136.125 142.361 150.475 156.334 157.729 163.755 168.254 171.871 176.823 181.112 184.787 186.744 191.304 195.977 200.214

View price changes for other categories
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Buying power of $20 since 2014

Below are calculations of equivalent buying power for Pet services, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2014 $20.00 2.88%
2015 $20.49 2.43%
2016 $20.90 2.03%
2017 $21.12 1.06%
2018 $21.64 2.44%
2019 $22.17 2.44%
2020 $22.65 2.16%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for pet services, 2014-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2014 * 2014 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Pet services was 176.823 in the year 2014 and 200.214 in 2020:

200.214 / 176.823 * $20 = $22.65

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $22.65 in 2020 (in the CPI category of Pet services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Pet services in 1998. In addition to pet services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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