Veterinarian services priced at $20 in 2007 $32.27 in 2020

Veterinarian Services Inflation Calculator

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Prices for Veterinarian Services, 2007-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for veterinarian services were 61.36% higher in 2020 versus 2007 (a $12.27 difference in value).

Between 2007 and 2020: Veterinarian services experienced an average inflation rate of 3.75% per year. This rate of change indicates significant inflation. In other words, veterinarian services costing $20 in the year 2007 would cost $32.27 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for veterinarian services was higher.

In the year 2007: Pricing changed by 6.39%, which is above the average yearly change for veterinarian services during the 2007-2020 time period. Compared to inflation for all items in 2007 (2.85%), inflation for veterinarian services was much higher.

Price Inflation for Veterinarian services since 2000

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2001 (6.81%), 2008 (6.45%), and 2007 (6.39%).

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

Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 114.925 122.750 129.633 136.442 144.683 153.392 160.133 170.361 181.358 191.210 198.365 208.212 214.246 219.864 227.626 236.186 244.804 250.201 256.593 267.216 274.901

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Buying power of $20 since 2007

Below are calculations of equivalent buying power for Veterinarian services, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2007 $20.00 6.39%
2008 $21.29 6.45%
2009 $22.45 5.43%
2010 $23.29 3.74%
2011 $24.44 4.96%
2012 $25.15 2.90%
2013 $25.81 2.62%
2014 $26.72 3.53%
2015 $27.73 3.76%
2016 $28.74 3.65%
2017 $29.37 2.20%
2018 $30.12 2.55%
2019 $31.37 4.14%
2020 $32.27 2.88%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for veterinarian services, 2007-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2007 * 2007 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Veterinarian services was 170.361 in the year 2007 and 274.901 in 2020:

274.901 / 170.361 * $20 = $32.27

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2007 has the same "purchasing power" as $32.27 in 2020 (in the CPI category of Veterinarian services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Veterinarian services in 2000. In addition to veterinarian services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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