Photographer fees priced at $20 in 2018 $19.40 in 2020

Photographer Fees Inflation Calculator

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Prices for Photographer Fees, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for photographer fees are 2.98% lower in 2020 versus 2018 (a $0.60 difference in value).

Between 2018 and 2020: Photographer fees experienced an average inflation rate of -1.50% per year. In other words, photographer fees costing $20 in the year 2018 would cost $19.40 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for photographer fees was significantly lower.

In the year 2018: Pricing changed by 0.70%, which is above the average yearly change for photographer fees during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), 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%).

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Buying power of $20.00 since 2018

Below are calculations of equivalent buying power for Photographer fees, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2018$20.000.70%
2019$19.23-3.87%
2020$19.400.93%*

* 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:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020
CPI100.000100.670102.300103.922106.531110.831113.092112.869112.931113.969115.640117.585119.008120.174122.698124.682125.607127.982128.091129.709127.457128.346123.375124.517

Adjust photographer fees prices for inflation

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Photographer fees was 128.346 in the year 2018 and 124.517 in 2020:

124.517 / 128.346 * $20 = $19.40

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $19.40 in 2020 (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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