According to the U.S. Bureau of Labor Statistics, prices for photo processing were 3.94% lower in 2020 versus 2014 (a $0.79 difference in value).
Between 2014 and 2020: Photo processing experienced an average inflation rate of -0.67% per year. In other words, photo processing costing $20 in the year 2014 would cost $19.21 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.50% during this same period, inflation for photo processing was lower.
In the year 2014: Pricing changed by 2.96%, which is significantly above the average yearly change for photo processing during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for photo processing was higher.
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 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|