Physicians' services priced at$20 in 2002→$33.05 in 2026

Physicians' Services Inflation Calculator

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Prices for Physicians' Services, 2002-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for physicians' services are 65.23% higher in 2026 versus 2002 (a $13.05 difference in value).

Between 2002 and 2026:Physicians' services experienced an average inflation rate of 2.11% per year. This rate of change indicates significant inflation. In other words, physicians' services costing $20 in the year 2002 would cost $33.05 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for physicians' services was lower.

In the year 2002: Pricing changed by 2.75%, which is above the average yearly change for physicians' services during the 2002-2026 time period. Compared to inflation for all items in 2002 (1.59%), inflation for physicians' services was higher.

Price Inflation for Physicians' services since 1947

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1975 (12.31%), 1976 (11.27%), and 1981 (11.01%).
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Buying power of $20.00 since 2002

Below are calculations of equivalent buying power for Physicians' services, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$20.002.75%
2003$20.542.70%
2004$21.353.96%
2005$22.063.30%
2006$22.401.55%
2007$23.273.89%
2008$23.892.67%
2009$24.623.05%
2010$25.433.27%
2011$26.112.71%
2012$26.652.06%
2013$27.181.97%
2014$27.561.39%
2015$28.091.95%
2016$29.013.28%
2017$29.170.53%
2018$29.200.10%
2019$29.410.73%
2020$29.921.74%
2021$31.204.26%
2022$31.611.33%
2023$31.660.16%
2024$32.071.30%
2025$32.882.51%
2026$33.050.52%*

* 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:

Year19471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI14.60015.12515.45815.67516.19216.95017.40017.94218.51719.09219.88320.57521.25821.82522.40023.04223.56724.00824.87526.34228.26729.84232.06734.45836.86738.00839.25842.85048.12553.55058.50063.36769.17576.49284.91792.883100.067107.042113.283121.467130.417139.783150.050160.842170.458181.158191.283199.758208.825216.375222.867229.475236.025244.650253.642260.625267.658278.267287.458291.900303.242311.341320.831331.330340.301347.306354.161359.097366.082378.082380.086380.451383.228389.900406.528411.927412.581417.930428.411430.623

Adjust physicians' services prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2002* 2002 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Physicians' services was 260.625 in the year 2002 and 430.623 in 2026:

430.623 / 260.625* $20 = $33.05

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $33.05 in 2026 (in the CPI category of Physicians' services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Physicians' services in 1947. In addition to physicians' services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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