According to the U.S. Bureau of Labor Statistics, prices for postage and delivery services were 11.42% higher in 2020 versus 2017 (a $2.28 difference in value).
Between 2017 and 2020: Postage and delivery services experienced an average inflation rate of 3.67% per year. This rate of change indicates significant inflation. In other words, postage and delivery services costing $20 in the year 2017 would cost $22.28 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.66% during this same period, inflation for postage and delivery services was higher.
In the year 2017: Pricing changed by 2.68%, which is below the average yearly change for postage and delivery services during the 2017-2020 time period. Compared to inflation for all items in 2017 (2.13%), inflation for postage and delivery services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Postage and delivery services:
Below are calculations of equivalent buying power for Postage and delivery services, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|