Photographer fees priced at $20 in 1997 $24.67 in 2019

Photographer Fees Inflation Calculator

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Prices for Photographer Fees, 1997-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for photographer fees were 23.37% higher in 2019 versus 1997 (a $4.67 difference in value).

Between 1997 and 2019: Photographer fees experienced an average inflation rate of 0.96% per year. In other words, photographer fees costing $20 in the year 1997 would cost $24.67 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.14% during this same period, inflation for photographer fees was lower.

Price Inflation for Photographer fees since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2002 (4.04%), 2019 (-3.87%), and 2001 (2.51%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Photographer fees:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
CPI 100.000 100.670 102.300 103.922 106.531 110.831 113.092 112.869 112.931 113.969 115.640 117.585 119.008 120.174 122.698 124.682 125.607 127.982 128.091 129.709 127.457 128.346 123.375

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Buying power of $20 since 1997

Below are calculations of equivalent buying power for Photographer fees, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1997 $20.00 -
1998 $20.13 0.67%
1999 $20.46 1.62%
2000 $20.78 1.59%
2001 $21.31 2.51%
2002 $22.17 4.04%
2003 $22.62 2.04%
2004 $22.57 -0.20%
2005 $22.59 0.05%
2006 $22.79 0.92%
2007 $23.13 1.47%
2008 $23.52 1.68%
2009 $23.80 1.21%
2010 $24.03 0.98%
2011 $24.54 2.10%
2012 $24.94 1.62%
2013 $25.12 0.74%
2014 $25.60 1.89%
2015 $25.62 0.09%
2016 $25.94 1.26%
2017 $25.49 -1.74%
2018 $25.67 0.70%
2019 $24.67 -3.87%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for photographer fees, 1997-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 1997 * 1997 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Photographer fees was 100.000 in the year 1997 and 123.375 in 2019:

123.375 / 100.000 * $20 = $24.67

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $24.67 in 2019 (in the CPI category of Photographer fees).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Photographer fees in 1997. In addition to photographer fees, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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