Phone service priced at $50 in 1999 $47.25 in 2022

Phone Service Inflation Calculator

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Prices for Phone Service, 1999-2022 ($50)

According to the U.S. Bureau of Labor Statistics, prices for telephone services are 5.49% lower in 2022 versus 1999 (a $2.75 difference in value).

Between 1999 and 2022: Phone service experienced an average inflation rate of -0.25% per year. In other words, phone service costing $50 in the year 1999 would cost $47.25 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.41% during this same period, inflation for phone service was lower.

In the year 1999: Pricing changed by -0.61%, which is below the average yearly change for phone service during the 1999-2022 time period. Compared to inflation for all items in 1999 (2.19%), inflation for phone service was lower.

Price Inflation for Telephone services since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2017 (-7.18%), 2020 (3.18%), and 2007 (2.60%).

View price changes for other categories
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Buying power of $50.00 since 1999

Below are calculations of equivalent buying power for Phone service, over time, for $50 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$50.00-0.61%
2000$49.22-1.57%
2001$49.610.80%
2002$49.820.42%
2003$49.13-1.38%
2004$47.86-2.58%
2005$47.40-0.96%
2006$47.860.96%
2007$49.102.60%
2008$50.202.24%
2009$51.171.93%
2010$51.16-0.01%
2011$50.58-1.14%
2012$50.820.47%
2013$50.75-0.12%
2014$50.54-0.42%
2015$49.63-1.80%
2016$49.40-0.47%
2017$45.85-7.18%
2018$45.16-1.50%
2019$44.65-1.13%
2020$46.073.18%
2021$47.192.42%
2022$47.250.14%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Telephone services:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000100.669100.05498.48599.26999.68598.30895.76994.85495.76298.247100.451102.392102.379101.209101.685101.559101.13199.31098.84691.75090.37589.35892.19594.42994.560

Adjust phone service prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1999 * 1999 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Telephone services was 100.054 in the year 1999 and 94.560 in 2022:

94.560 / 100.054 * $50 = $47.25

Therefore, according to U.S. Bureau of Labor Statistics, $50 in 1999 has the same "purchasing power" as $47.25 in 2022 (in the CPI category of Telephone services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Telephone services in 1997. In addition to phone service, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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