Residential telephone services priced at $20 in 2009 $29.97 in 2023

Residential Telephone Services Inflation Calculator


Prices for Residential Telephone Services, 2009-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for residential telephone services are 49.83% higher in 2023 versus 2009 (a $9.97 difference in value).

Between 2009 and 2023: Residential telephone services experienced an average inflation rate of 2.93% per year. This rate of change indicates significant inflation. In other words, residential telephone services costing $20 in the year 2009 would cost $29.97 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for residential telephone services was higher.

Price Inflation for Residential telephone services since 2009

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2020 (6.72%), 2021 (5.66%), and 2023 (5.31%).

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Buying power of $20.00 since 2009

Below are calculations of equivalent buying power for Residential telephone services, over time, for $20 beginning in 2009. 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 Residential telephone services:


Adjust residential telephone services prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2009 * 2009 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Residential telephone services was 100.000 in the year 2009 and 149.829 in 2023:

149.829 / 100.000 * $20 = $29.97

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2009 has the same "purchasing power" as $29.97 in 2023 (in the CPI category of Residential telephone services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Residential telephone services in 2009. In addition to residential telephone 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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