According to the U.S. Bureau of Labor Statistics, prices for photographer fees are 19.82% higher in 2020 versus 2000 (a $3.96 difference in value).
Between 2000 and 2020: Photographer fees experienced an average inflation rate of 0.91% per year. In other words, photographer fees costing $20 in the year 2000 would cost $23.96 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.06% during this same period, inflation for photographer fees was lower.
In the year 2000: Pricing changed by 1.59%, which is above the average yearly change for photographer fees during the 2000-2020 time period. Compared to inflation for all items in 2000 (3.38%), inflation for photographer fees was lower.
Below are calculations of equivalent buying power for Photographer fees, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $20.00 | 1.59% |
2001 | $20.50 | 2.51% |
2002 | $21.33 | 4.04% |
2003 | $21.76 | 2.04% |
2004 | $21.72 | -0.20% |
2005 | $21.73 | 0.05% |
2006 | $21.93 | 0.92% |
2007 | $22.26 | 1.47% |
2008 | $22.63 | 1.68% |
2009 | $22.90 | 1.21% |
2010 | $23.13 | 0.98% |
2011 | $23.61 | 2.10% |
2012 | $24.00 | 1.62% |
2013 | $24.17 | 0.74% |
2014 | $24.63 | 1.89% |
2015 | $24.65 | 0.09% |
2016 | $24.96 | 1.26% |
2017 | $24.53 | -1.74% |
2018 | $24.70 | 0.70% |
2019 | $23.74 | -3.87% |
2020 | $23.96 | 0.93%* |
* 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 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 | 2020 |
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 | 124.517 |