According to the U.S. Bureau of Labor Statistics, prices for veterinarian services are 267.80% higher in 2024 versus 1997 (a $53.56 difference in value).
Between 1997 and 2024: Veterinarian services experienced an average inflation rate of 4.94% per year. This rate of change indicates significant inflation. In other words, veterinarian services costing $20 in the year 1997 would cost $73.56 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for veterinarian services was higher.
Below are calculations of equivalent buying power for Veterinarian services, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1997 | $20.00 | - |
| 1998 | $20.50 | 2.48% |
| 1999 | $21.35 | 4.17% |
| 2000 | $22.98 | 7.63% |
| 2001 | $24.55 | 6.81% |
| 2002 | $25.93 | 5.62% |
| 2003 | $27.29 | 5.26% |
| 2004 | $28.94 | 6.03% |
| 2005 | $30.68 | 6.02% |
| 2006 | $32.02 | 4.38% |
| 2007 | $34.07 | 6.40% |
| 2008 | $36.27 | 6.46% |
| 2009 | $38.24 | 5.43% |
| 2010 | $39.67 | 3.74% |
| 2011 | $41.64 | 4.97% |
| 2012 | $42.85 | 2.89% |
| 2013 | $43.97 | 2.62% |
| 2014 | $45.52 | 3.53% |
| 2015 | $47.24 | 3.76% |
| 2016 | $48.96 | 3.65% |
| 2017 | $50.04 | 2.20% |
| 2018 | $51.32 | 2.55% |
| 2019 | $53.44 | 4.14% |
| 2020 | $55.42 | 3.70% |
| 2021 | $57.75 | 4.21% |
| 2022 | $62.85 | 8.83% |
| 2023 | $68.79 | 9.44% |
| 2024 | $73.56 | 6.94%* |
* 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 Veterinarian services:
| 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 | 102.485 | 106.762 | 114.908 | 122.738 | 129.631 | 136.454 | 144.685 | 153.392 | 160.115 | 170.356 | 181.355 | 191.211 | 198.359 | 208.210 | 214.238 | 219.859 | 227.624 | 236.187 | 244.808 | 250.203 | 256.594 | 267.213 | 277.093 | 288.769 | 314.272 | 343.929 | 367.797 |