According to the U.S. Bureau of Labor Statistics, prices for photographer fees are 4% lower in 2020 versus 2016 (a $0.80 difference in value).
Between 2016 and 2020: Photographer fees experienced an average inflation rate of -1.02% per year. In other words, photographer fees costing $20 in the year 2016 would cost $19.20 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for photographer fees was lower.
In the year 2016: Pricing changed by 1.26%, which is above the average yearly change for photographer fees during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for photographer fees was higher.
Below are calculations of equivalent buying power for Photographer fees, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $20.00 | 1.26% |
| 2017 | $19.65 | -1.74% |
| 2018 | $19.79 | 0.70% |
| 2019 | $19.02 | -3.87% |
| 2020 | $19.20 | 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 |