Photo processing priced at $20 in 1998 $22.63 in 2020

Photo Processing Inflation Calculator

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Prices for Photo Processing, 1998-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for photo processing are 13.15% higher in 2020 versus 1998 (a $2.63 difference in value).

Between 1998 and 2020: Photo processing experienced an average inflation rate of 0.56% per year. In other words, photo processing costing $20 in the year 1998 would cost $22.63 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for photo processing was lower.

In the year 1998: Pricing changed by 0.01%, which is below the average yearly change for photo processing during the 1998-2020 time period. Compared to inflation for all items in 1998 (1.55%), inflation for photo processing was lower.

Price Inflation for Photo processing since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2018 (-7.28%), 2009 (5.11%), and 2011 (3.65%).

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Buying power of $20.00 since 1998

Below are calculations of equivalent buying power for Photo processing, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20.000.01%
1999$19.97-0.15%
2000$20.120.75%
2001$19.99-0.63%
2002$20.080.43%
2003$20.130.27%
2004$20.06-0.37%
2005$19.90-0.78%
2006$19.85-0.24%
2007$19.77-0.39%
2008$20.081.57%
2009$21.115.11%
2010$21.481.73%
2011$22.263.65%
2012$22.671.84%
2013$22.880.93%
2014$23.562.96%
2015$24.152.52%
2016$24.662.10%
2017$24.22-1.78%
2018$22.46-7.28%
2019$22.620.74%
2020$22.630.04%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


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

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020
CPI100.000100.00899.854100.60099.962100.392100.662100.29299.50899.26998.882100.430105.562107.391111.308113.352114.409117.798120.771123.303121.105112.290113.120113.162

Adjust photo processing prices for inflation

Start with the inflation rate formula:

CPI in 2020 / CPI in 1998 * 1998 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Photo processing was 100.008 in the year 1998 and 113.162 in 2020:

113.162 / 100.008 * $20 = $22.63

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $22.63 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 1997. 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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