According to the U.S. Bureau of Labor Statistics, prices for water and sewer and trash collection services are 21.49% higher in 2022 versus 2016 (a $4.30 difference in value).
Between 2016 and 2022: Water and sewer and trash collection services experienced an average inflation rate of 3.30% per year. This rate of change indicates significant inflation. In other words, water and sewer and trash collection services costing $20 in the year 2016 would cost $24.30 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.93% during this same period, inflation for water and sewer and trash collection services was higher.
In the year 2016: Pricing changed by 3.59%, which is above the average yearly change for water and sewer and trash collection services during the 2016-2022 time period. Compared to inflation for all items in 2016 (1.26%), inflation for water and sewer and trash collection services was higher.
Below are calculations of equivalent buying power for Water and sewer and trash collection services, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2016 | $20.00 | 3.59% |
2017 | $20.67 | 3.36% |
2018 | $21.40 | 3.50% |
2019 | $22.07 | 3.17% |
2020 | $22.78 | 3.19% |
2021 | $23.59 | 3.57% |
2022 | $24.30 | 3.00%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Water and sewer and trash collection 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 |
CPI | 100.100 | 101.650 | 103.992 | 106.525 | 109.542 | 113.042 | 117.183 | 123.983 | 130.333 | 136.783 | 143.696 | 152.115 | 161.148 | 170.898 | 179.584 | 189.295 | 197.646 | 204.900 | 213.972 | 221.661 | 229.103 | 237.128 | 244.647 | 252.450 | 261.469 | 269.307 |