According to the U.S. Bureau of Labor Statistics, prices for technical and business school tuition and fees are 9.82% higher in 2024 versus 2018 (a $1.96 difference in value).
Between 2018 and 2024: Technical and business school tuition and fees experienced an average inflation rate of 1.57% per year. In other words, technical and business school tuition and fees costing $20 in the year 2018 would cost $21.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation for technical and business school tuition and fees was lower.
In the year 2018: Pricing changed by 2.14%, which is above the average yearly change for technical and business school tuition and fees during the 2018-2024 time period. Compared to inflation for all items in 2018 (2.44%), inflation for technical and business school tuition and fees was lower.
Below are calculations of equivalent buying power for Technical and business school tuition and fees, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2018 | $20.00 | 2.14% |
| 2019 | $20.22 | 1.11% |
| 2020 | $20.68 | 2.28% |
| 2021 | $21.00 | 1.51% |
| 2022 | $21.20 | 0.99% |
| 2023 | $21.64 | 2.03% |
| 2024 | $21.96 | 1.52%* |
* 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 Technical and business school tuition and fees:
| 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 | 102.408 | 109.938 | 116.138 | 122.492 | 128.831 | 138.331 | 149.323 | 161.662 | 170.823 | 177.666 | 185.812 | 193.920 | 200.814 | 210.868 | 219.875 | 226.290 | 230.461 | 233.982 | 237.917 | 245.462 | 250.712 | 253.499 | 259.278 | 263.197 | 265.806 | 271.210 | 275.326 |