According to the U.S. Bureau of Labor Statistics, prices for photographers and photo processing were 1.10% lower in 2020 versus 2018 (a $0.22 difference in value).
Between 2018 and 2020: Photographers and photo processing experienced an average inflation rate of -0.55% per year. In other words, photographers and photo processing costing $20 in the year 2018 would cost $19.78 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for photographers and photo processing was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Photographers and photo processing:
Below are calculations of equivalent buying power for Photographers and photo processing, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|