Pets, pet products and services priced at $20 in 1997 $36.69 in 2021

Pets, Pet Products And Services Inflation Calculator

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Prices for Pets, Pet Products And Services, 1997-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pets, pet products and services were 83.44% higher in 2021 versus 1997 (a $16.69 difference in value).

Between 1997 and 2021: Pets, pet products and services experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, pets, pet products and services costing $20 in the year 1997 would cost $36.69 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.13% during this same period, inflation for pets, pet products and services was higher.

Price Inflation for Pets, pet products and services since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (7.94%), 2009 (6.19%), and 2007 (4.24%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pets, pet products and 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
CPI 100.000 101.477 103.385 106.115 109.677 113.231 115.662 120.138 123.577 128.400 133.841 144.472 153.416 154.362 158.739 162.374 164.576 165.697 167.307 169.631 170.286 172.416 178.021 180.143 183.444

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Buying power of $20 since 1997

Below are calculations of equivalent buying power for Pets, pet products and 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 $20.30 1.48%
1999 $20.68 1.88%
2000 $21.22 2.64%
2001 $21.94 3.36%
2002 $22.65 3.24%
2003 $23.13 2.15%
2004 $24.03 3.87%
2005 $24.72 2.86%
2006 $25.68 3.90%
2007 $26.77 4.24%
2008 $28.89 7.94%
2009 $30.68 6.19%
2010 $30.87 0.62%
2011 $31.75 2.84%
2012 $32.47 2.29%
2013 $32.92 1.36%
2014 $33.14 0.68%
2015 $33.46 0.97%
2016 $33.93 1.39%
2017 $34.06 0.39%
2018 $34.48 1.25%
2019 $35.60 3.25%
2020 $36.03 1.19%
2021 $36.69 1.83%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for pets, pet products and services, 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 Pets, pet products and services was 100.000 in the year 1997 and 183.444 in 2021:

183.444 / 100.000 * $20 = $36.69

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $36.69 in 2021 (in the CPI category of Pets, pet products and services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Pets, pet products and services in 1997. In addition to pets, pet products and 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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