Photo processing priced at $20 in 2018 $20.22 in 2020

Photo Processing Inflation Calculator


Prices for Photo Processing, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for photo processing were 1.10% higher in 2020 versus 2018 (a $0.22 difference in value).

Between 2018 and 2020: Photo processing experienced an average inflation rate of 0.55% per year. In other words, photo processing costing $20 in the year 2018 would cost $20.22 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for photo processing was lower.

Price Inflation for Photo processing since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2019 (0.74%), and 2020 (0.35%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Photo processing:

Year 2018 2019 2020
CPI 112.290 113.120 113.520

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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Photo processing, 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 $20.15 0.74%
2020 $20.22 0.35%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for photo processing, 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 Photo processing was 112.290 in the year 2018 and 113.520 in 2020:

113.520 / 112.290 * $20 = $20.22

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20.22 in 2020 (in the CPI category of Photo processing).

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

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