According to the U.S. Bureau of Labor Statistics, prices for services by other medical professionals are 7.90% higher in 2024 versus 2020 (a $1.58 difference in value).
Between 2020 and 2024: Services by other medical professionals experienced an average inflation rate of 1.92% per year. In other words, services by other medical professionals costing $20 in the year 2020 would cost $21.58 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for services by other medical professionals was lower.
In the year 2020: Pricing changed by 1.21%, which is below the average yearly change for services by other medical professionals during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for services by other medical professionals was lower.
Below are calculations of equivalent buying power for Services by other medical professionals, 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 | 1.21% |
| 2021 | $20.48 | 2.41% |
| 2022 | $21.32 | 4.10% |
| 2023 | $21.37 | 0.23% |
| 2024 | $21.58 | 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 |