According to the U.S. Bureau of Labor Statistics, prices for postage and delivery services are 19.45% higher in 2024 versus 2020 (a $3.89 difference in value).
Between 2020 and 2024: 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 2020 would cost $23.89 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.91% during this same period, inflation for postage and delivery services was lower.
In the year 2020: Pricing changed by 4.07%, which is below the average yearly change for postage and delivery services during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for postage and delivery services was higher.
Below are calculations of equivalent buying power for Postage and delivery services, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2020 | $20.00 | 4.07% |
2021 | $20.84 | 4.18% |
2022 | $21.71 | 4.20% |
2023 | $22.75 | 4.80% |
2024 | $23.89 | 5.00%* |
* 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:
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 | 100.085 | 103.085 | 103.192 | 107.315 | 113.669 | 119.369 | 119.823 | 120.169 | 126.592 | 130.103 | 135.492 | 141.154 | 145.909 | 152.161 | 157.702 | 167.261 | 174.154 | 174.602 | 175.610 | 180.295 | 184.936 | 194.763 | 202.691 | 211.158 | 220.021 | 230.577 | 242.111 |