Physicians' services inflation, 1947–2026
Prices are 2,899.59% higher than in 1947, according to the Bureau of Labor Statistics.
Prices are 2,899.59% higher than in 1947, according to the Bureau of Labor Statistics.
According to the U.S. Bureau of Labor Statistics, prices for physicians' services are 2,899.59% higher in 2026 versus 1947 (a $579.92 difference in value).
Between 1947 and 2026, Physicians' services experienced an average inflation rate of 4.40% per year. This rate of change indicates significant inflation. In other words, physicians' services costing $20 in the year 1947 would cost $599.92 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.48% during this same period, inflation for physicians' services was higher.
The official rate is based on an average household's spending, so your own inflation rate is probably different. The personal inflation calculator works it out from your budget.
Below are calculations of equivalent buying power for Physicians' services, over time, for $20 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1947 | $20.00 | - |
| 1948 | $20.72 | 3.60% |
| 1949 | $21.18 | 2.20% |
| 1950 | $21.47 | 1.40% |
| 1951 | $22.18 | 3.30% |
| 1952 | $23.22 | 4.68% |
| 1953 | $23.84 | 2.65% |
| 1954 | $24.58 | 3.11% |
| 1955 | $25.37 | 3.20% |
| 1956 | $26.15 | 3.11% |
| 1957 | $27.24 | 4.15% |
| 1958 | $28.18 | 3.48% |
| 1959 | $29.12 | 3.32% |
| 1960 | $29.90 | 2.67% |
| 1961 | $30.68 | 2.63% |
| 1962 | $31.56 | 2.86% |
| 1963 | $32.28 | 2.28% |
| 1964 | $32.89 | 1.87% |
| 1965 | $34.08 | 3.61% |
| 1966 | $36.08 | 5.90% |
| 1967 | $38.72 | 7.31% |
| 1968 | $40.88 | 5.57% |
| 1969 | $43.93 | 7.46% |
| 1970 | $47.20 | 7.46% |
| 1971 | $50.50 | 6.99% |
| 1972 | $52.07 | 3.10% |
| 1973 | $53.78 | 3.29% |
| 1974 | $58.70 | 9.15% |
| 1975 | $65.92 | 12.31% |
| 1976 | $73.36 | 11.27% |
| 1977 | $80.14 | 9.24% |
| 1978 | $86.80 | 8.32% |
| 1979 | $94.76 | 9.17% |
| 1980 | $104.78 | 10.58% |
| 1981 | $116.32 | 11.01% |
| 1982 | $127.24 | 9.38% |
| 1983 | $137.08 | 7.73% |
| 1984 | $146.63 | 6.97% |
| 1985 | $155.18 | 5.83% |
| 1986 | $166.39 | 7.22% |
| 1987 | $178.65 | 7.37% |
| 1988 | $191.48 | 7.18% |
| 1989 | $205.55 | 7.34% |
| 1990 | $220.33 | 7.19% |
| 1991 | $233.50 | 5.98% |
| 1992 | $248.16 | 6.28% |
| 1993 | $262.03 | 5.59% |
| 1994 | $273.64 | 4.43% |
| 1995 | $286.06 | 4.54% |
| 1996 | $296.40 | 3.62% |
| 1997 | $305.30 | 3.00% |
| 1998 | $314.35 | 2.97% |
| 1999 | $323.32 | 2.85% |
| 2000 | $335.14 | 3.65% |
| 2001 | $347.45 | 3.68% |
| 2002 | $357.02 | 2.75% |
| 2003 | $366.66 | 2.70% |
| 2004 | $381.19 | 3.96% |
| 2005 | $393.78 | 3.30% |
| 2006 | $399.86 | 1.55% |
| 2007 | $415.40 | 3.89% |
| 2008 | $426.50 | 2.67% |
| 2009 | $439.49 | 3.05% |
| 2010 | $453.88 | 3.27% |
| 2011 | $466.17 | 2.71% |
| 2012 | $475.76 | 2.06% |
| 2013 | $485.15 | 1.97% |
| 2014 | $491.91 | 1.39% |
| 2015 | $501.48 | 1.95% |
| 2016 | $517.92 | 3.28% |
| 2017 | $520.67 | 0.53% |
| 2018 | $521.17 | 0.10% |
| 2019 | $524.97 | 0.73% |
| 2020 | $534.11 | 1.74% |
| 2021 | $556.89 | 4.26% |
| 2022 | $564.28 | 1.33% |
| 2023 | $565.18 | 0.16% |
| 2024 | $572.51 | 1.30% |
| 2025 | $587.25 | 2.57% |
| 2026 | $599.92 | 2.16%* |
* 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 Physicians' services:
| Year | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 2025 | 2026 |
| CPI | 14.600 | 15.125 | 15.458 | 15.675 | 16.192 | 16.950 | 17.400 | 17.942 | 18.517 | 19.092 | 19.883 | 20.575 | 21.258 | 21.825 | 22.400 | 23.042 | 23.567 | 24.008 | 24.875 | 26.342 | 28.267 | 29.842 | 32.067 | 34.458 | 36.867 | 38.008 | 39.258 | 42.850 | 48.125 | 53.550 | 58.500 | 63.367 | 69.175 | 76.492 | 84.917 | 92.883 | 100.067 | 107.042 | 113.283 | 121.467 | 130.417 | 139.783 | 150.050 | 160.842 | 170.458 | 181.158 | 191.283 | 199.758 | 208.825 | 216.375 | 222.867 | 229.475 | 236.025 | 244.650 | 253.642 | 260.625 | 267.658 | 278.267 | 287.458 | 291.900 | 303.242 | 311.341 | 320.831 | 331.330 | 340.301 | 347.306 | 354.161 | 359.097 | 366.082 | 378.082 | 380.086 | 380.451 | 383.228 | 389.900 | 406.528 | 411.927 | 412.581 | 417.930 | 428.690 | 437.940 |