Postage and delivery services priced at $20 in 2018 $24.97 in 2023

Postage And Delivery Services Inflation Calculator


Prices for Postage And Delivery Services, 2018-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for postage and delivery services are 24.87% higher in 2023 versus 2018 (a $4.97 difference in value).

Between 2018 and 2023: Postage and delivery services experienced an average inflation rate of 4.54% per year. This rate of change indicates significant inflation. In other words, postage and delivery services costing $20 in the year 2018 would cost $24.97 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.91% during this same period, inflation for postage and delivery services was higher.

In the year 2018: Pricing changed by 2.57%, which is below the average yearly change for postage and delivery services during the 2018-2023 time period. Compared to inflation for all items in 2018 (2.44%), inflation for postage and delivery services was higher.

Price Inflation for Postage and delivery services since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2013 (6.06%), 2002 (5.92%), and 2006 (5.35%).

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Buying power of $20.00 since 2018

Below are calculations of equivalent buying power for Postage and delivery services, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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 Postage and delivery services:


Adjust postage and delivery services prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2018 * 2018 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Postage and delivery services was 184.936 in the year 2018 and 230.936 in 2023:

230.936 / 184.936 * $20 = $24.97

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $24.97 in 2023 (in the CPI category of Postage and delivery services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Postage and delivery services in 1997. In addition to postage and delivery 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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