Water and sewer and trash collection services priced at $20 in 2011 $31.98 in 2023

Water And Sewer And Trash Collection Services Inflation Calculator

$

Prices for Water And Sewer And Trash Collection Services, 2011-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for water and sewer and trash collection services are 59.88% higher in 2023 versus 2011 (a $11.98 difference in value).

Between 2011 and 2023: Water and sewer and trash collection services experienced an average inflation rate of 3.99% per year. This rate of change indicates significant inflation. In other words, water and sewer and trash collection services costing $20 in the year 2011 would cost $31.98 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for water and sewer and trash collection services was higher.

In the year 2011: Pricing changed by 5.09%, which is above the average yearly change for water and sewer and trash collection services during the 2011-2023 time period. Compared to inflation for all items in 2011 (3.16%), 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
New cars · Dental services · Dallas-Fort Worth, Texas · Admission to sporting events · More

Buying power of $20.00 since 2011

Below are calculations of equivalent buying power for Water and sewer and trash collection services, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2011$20.005.09%
2012$21.085.41%
2013$22.014.41%
2014$22.823.67%
2015$23.834.43%
2016$24.693.60%
2017$25.523.36%
2018$26.413.50%
2019$27.253.17%
2020$28.123.19%
2021$29.123.57%
2022$30.434.49%
2023$31.985.09%*

* 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:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.000101.638103.977106.538109.554113.038117.162123.977130.338136.785143.706152.117161.145170.885179.576189.296197.646204.895213.966221.659229.106237.134244.657252.459261.475273.207287.106

Adjust water and sewer and trash collection services prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2011 * 2011 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Water and sewer and trash collection services was 179.576 in the year 2011 and 287.106 in 2023:

287.106 / 179.576 * $20 = $31.98

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2011 has the same "purchasing power" as $31.98 in 2023 (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.