According to the U.S. Bureau of Labor Statistics, prices for water and sewer and trash collection services were 16.56% higher in 2021 versus 2016 (a $3.31 difference in value).
Between 2016 and 2021: Water and sewer and trash collection services experienced an average inflation rate of 3.11% 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 $23.31 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.86% 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 2016-2021 time period. Compared to inflation for all items in 2016 (1.26%), inflation for water and sewer and trash collection services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Water and sewer and trash collection services:
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|