According to the U.S. Bureau of Labor Statistics, prices for services by other medical professionals are 128.81% higher in 2024 versus 1989 (a $25.76 difference in value).
Between 1989 and 2024: Services by other medical professionals experienced an average inflation rate of 2.39% per year. This rate of change indicates significant inflation. In other words, services by other medical professionals costing $20 in the year 1989 would cost $45.76 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.68% during this same period, inflation for services by other medical professionals was lower.
In the year 1989: Pricing changed by 5.43%, which is significantly above the average yearly change for services by other medical professionals during the 1989-2024 time period. Compared to inflation for all items in 1989 (4.83%), inflation for services by other medical professionals was higher.
Below are calculations of equivalent buying power for Services by other medical professionals, over time, for $20 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1989 | $20.00 | 5.43% |
| 1990 | $21.05 | 5.26% |
| 1991 | $22.18 | 5.35% |
| 1992 | $23.07 | 4.03% |
| 1993 | $23.80 | 3.15% |
| 1994 | $24.75 | 4.00% |
| 1995 | $25.21 | 1.84% |
| 1996 | $25.67 | 1.84% |
| 1997 | $26.60 | 3.61% |
| 1998 | $27.22 | 2.34% |
| 1999 | $27.80 | 2.13% |
| 2000 | $28.36 | 2.01% |
| 2001 | $29.31 | 3.35% |
| 2002 | $30.10 | 2.70% |
| 2003 | $31.02 | 3.04% |
| 2004 | $31.86 | 2.73% |
| 2005 | $32.72 | 2.70% |
| 2006 | $33.66 | 2.87% |
| 2007 | $34.58 | 2.73% |
| 2008 | $36.00 | 4.09% |
| 2009 | $36.75 | 2.09% |
| 2010 | $37.55 | 2.19% |
| 2011 | $38.09 | 1.43% |
| 2012 | $38.47 | 1.00% |
| 2013 | $39.12 | 1.70% |
| 2014 | $39.66 | 1.37% |
| 2015 | $39.98 | 0.82% |
| 2016 | $40.46 | 1.19% |
| 2017 | $41.44 | 2.44% |
| 2018 | $41.58 | 0.32% |
| 2019 | $41.90 | 0.78% |
| 2020 | $42.41 | 1.21% |
| 2021 | $43.43 | 2.41% |
| 2022 | $45.21 | 4.10% |
| 2023 | $45.31 | 0.23% |
| 2024 | $45.76 | 0.99%* |
* 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 Services by other medical professionals:
| Year | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 102.392 | 108.292 | 114.177 | 120.177 | 126.608 | 131.715 | 135.862 | 141.300 | 143.900 | 146.554 | 151.838 | 155.385 | 158.700 | 161.892 | 167.315 | 171.831 | 177.062 | 181.892 | 186.800 | 192.162 | 197.414 | 205.492 | 209.779 | 214.370 | 217.435 | 219.608 | 223.342 | 226.393 | 228.246 | 230.958 | 236.592 | 237.355 | 239.204 | 242.106 | 247.948 | 258.105 | 258.694 | 261.243 |