Professional services priced at$20 in 1976$160 in 2026

Professional Services Inflation Calculator

$

Prices for Professional Services, 1976-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for professional services are 700% higher in 2026 versus 1976 (a $140 difference in value).

Between 1976 and 2026:Professional services experienced an average inflation rate of 4.25% per year. This rate of change indicates significant inflation. In other words, professional services costing $20 in the year 1976 would cost $160 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation for professional services was higher.

In the year 1976: Pricing changed by 9.06%, which is significantly above the average yearly change for professional services during the 1976-2026 time period. Compared to inflation for all items in 1976 (5.74%), inflation for professional services was much higher.

Price Inflation for Professional services since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (11.09%), 1975 (10.97%), and 1981 (10.27%).

View price changes for other categories
Rent of primary residence · Jewelry · Wireless telephone services · Boston, Massachusetts · More

Buying power of $20.00 since 1976

Below are calculations of equivalent buying power for Professional services, over time, for $20 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1976$20.009.06%
1977$21.638.16%
1978$23.287.63%
1979$25.298.62%
1980$28.0911.09%
1981$30.9810.27%
1982$33.618.49%
1983$36.017.15%
1984$38.587.12%
1985$40.966.17%
1986$43.586.41%
1987$46.476.63%
1988$49.606.74%
1989$52.806.44%
1990$56.306.63%
1991$59.776.17%
1992$63.406.06%
1993$66.605.05%
1994$69.454.27%
1995$72.484.37%
1996$75.143.66%
1997$77.703.41%
1998$80.163.17%
1999$82.673.13%
2000$85.723.69%
2001$88.913.71%
2002$91.573.00%
2003$94.202.86%
2004$97.923.95%
2005$101.613.77%
2006$104.362.71%
2007$108.493.96%
2008$112.163.38%
2009$115.192.70%
2010$118.372.76%
2011$121.072.28%
2012$123.351.89%
2013$126.052.19%
2014$128.101.63%
2015$130.391.79%
2016$134.012.78%
2017$135.310.97%
2018$136.470.86%
2019$137.981.11%
2020$140.621.91%
2021$144.973.10%
2022$148.532.45%
2023$151.151.77%
2024$154.512.22%
2025$158.402.51%
2026$160.001.01%*

* 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 Professional services:

Year196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI30.90832.52534.72537.00039.41740.81742.16745.81750.84255.45059.97564.55070.11777.89285.89293.18399.850106.958113.558120.833128.842137.525146.383156.092165.725175.767184.650192.542200.958208.317215.417222.242229.200237.667246.492253.892261.158271.475281.700289.333300.791310.968319.372328.186335.666341.994349.468355.153361.514371.546375.138378.359382.563389.869401.939411.798419.068428.391439.156443.599

Adjust professional services prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1976* 1976 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Professional services was 55.450 in the year 1976 and 443.599 in 2026:

443.599 / 55.450* $20 = $160

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1976 has the same "purchasing power" as $160 in 2026 (in the CPI category of Professional services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Professional services in 1967. In addition to professional services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.