Pets and pet products priced at $20 in 2018 $20.60 in 2020

Pets And Pet Products Inflation Calculator


Prices for Pets And Pet Products, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pets and pet products were 3.01% higher in 2020 versus 2018 (a $0.60 difference in value).

Between 2018 and 2020: Pets and pet products experienced an average inflation rate of 1.49% per year. In other words, pets and pet products costing $20 in the year 2018 would cost $20.60 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for pets and pet products was higher.

Price Inflation for Pets and pet products since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2019 (2.96%), and 2020 (0.05%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pets and pet products:

Year 2018 2019 2020
CPI 197.834 203.688 203.787

View price changes for other categories
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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Pets and pet products, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2018 $20.00 -
2019 $20.59 2.96%
2020 $20.60 0.05%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for pets and pet products, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Pets and pet products was 197.834 in the year 2018 and 203.787 in 2020:

203.787 / 197.834 * $20 = $20.60

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20.60 in 2020 (in the CPI category of Pets and pet products).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Pets and pet products in 2018. In addition to pets and pet products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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