Water and sewer and trash collection services priced at $20 in 1997 $60.25 in 2024

Water And Sewer And Trash Collection Services Inflation Calculator

$

Prices for Water And Sewer And Trash Collection Services, 1997-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for water and sewer and trash collection services are 201.27% higher in 2024 versus 1997 (a $40.25 difference in value).

Between 1997 and 2024: Water and sewer and trash collection services experienced an average inflation rate of 4.17% per year. This rate of change indicates significant inflation. In other words, water and sewer and trash collection services costing $20 in the year 1997 would cost $60.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for water and sewer and trash collection services was higher.

Price Inflation for Water and sewer and trash collection services since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2010 (6.04%), 2009 (5.93%), and 2008 (5.85%).

View price changes for other categories
Tampa, Florida · San Diego, California · Admission to sporting events · Juices and nonalcoholic drinks · More

Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Water and sewer and trash collection 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:

YearUSD ValueInflation Rate
1997$20.00-
1998$20.331.64%
1999$20.802.30%
2000$21.312.46%
2001$21.912.83%
2002$22.613.18%
2003$23.433.65%
2004$24.805.82%
2005$26.075.13%
2006$27.364.95%
2007$28.745.06%
2008$30.425.85%
2009$32.235.93%
2010$34.186.04%
2011$35.925.09%
2012$37.865.41%
2013$39.534.41%
2014$40.983.67%
2015$42.794.43%
2016$44.333.60%
2017$45.823.36%
2018$47.433.50%
2019$48.933.17%
2020$50.493.19%
2021$52.293.57%
2022$54.644.49%
2023$57.615.44%
2024$60.254.59%*

* 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 Water and sewer and trash collection services:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000101.638103.977106.538109.554113.038117.162123.977130.338136.785143.706152.117161.145170.885179.576189.296197.646204.895213.966221.659229.106237.134244.657252.459261.475273.207288.056301.270

Adjust water and sewer and trash collection services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Water and sewer and trash collection services was 100.000 in the year 1997 and 301.270 in 2024:

301.270 / 100.000 * $20 = $60.25

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $60.25 in 2024 (in the CPI category of Water and sewer and trash collection services).


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

» Read more about inflation and investment.