According to the U.S. Bureau of Labor Statistics, prices for photographers and photo processing are 1.55% lower in 2024 versus 2023 (a $0.31 difference in value).
Between 2023 and 2024: Photographers and photo processing experienced an average inflation rate of -1.55% per year. In other words, photographers and photo processing costing $20 in the year 2023 would cost $19.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.89% during this same period, inflation for photographers and photo processing was significantly lower.
In the year 2023: Pricing changed by 5.97%, which is significantly above the average yearly change for photographers and photo processing during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for photographers and photo processing was higher.
Below are calculations of equivalent buying power for Photographers and photo processing, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2023 | $20.00 | 5.97% |
| 2024 | $19.69 | -1.55%* |
* 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 Photographers and photo processing:
| 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 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 100.500 | 100.954 | 102.577 | 103.608 | 104.985 | 105.600 | 105.777 | 105.315 | 105.331 | 105.476 | 107.149 | 110.794 | 111.878 | 115.257 | 117.365 | 118.545 | 121.124 | 122.498 | 125.134 | 123.961 | 122.353 | 120.045 | 121.708 | 123.688 | 129.611 | 137.349 | 135.225 |