According to the U.S. Bureau of Labor Statistics, prices for photo processing were 0.17% lower in 2020 versus 2012 (a $0.03 difference in value).
Between 2012 and 2020: Photo processing experienced an average inflation rate of -0.02% per year. In other words, photo processing costing $20 in the year 2012 would cost $19.97 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.51% during this same period, inflation for photo processing was lower.
In the year 2012: Pricing changed by 1.84%, which is above the average yearly change for photo processing during the 2012-2020 time period. Compared to inflation for all items in 2012 (2.07%), inflation for photo processing was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Photo processing:
Below are calculations of equivalent buying power for Photo processing, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|