According to the U.S. Bureau of Labor Statistics, prices in Phoenix, Arizona were 14.32% higher in 2018 versus 2011 (a $2.86 difference in value).
Between 2011 and 2018: Phoenix experienced an average inflation rate of 1.93% per year. In other words, $20 in Phoenix in the year 2011 would cost $22.86 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.58% during this same period, inflation in Phoenix was higher.
In the year 2011: Pricing changed by 2.75%, which is above the average yearly change in Phoenix during the 2011-2018 time period. Compared to inflation for all items in 2011 (3.16%), inflation in Phoenix was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Phoenix, Arizona:
Below are calculations of equivalent buying power in Phoenix, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|