Water and sewer and trash collection services price inflation, 2023→2024

Water And Sewer And Trash Collection Services Inflation Calculator

Prices for Water And Sewer And Trash Collection Services, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for water and sewer and trash collection services are 4.80% higher in 2024 versus 2023 (a $0.96 difference in value).

Between 2023 and 2024: Water and sewer and trash collection services experienced an average inflation rate of 4.80% per year. This rate of change indicates significant inflation. In other words, water and sewer and trash collection services costing $20 in the year 2023 would cost $20.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.89% during this same period, inflation for water and sewer and trash collection services was higher.

In the year 2023: Pricing changed by 5.44%, which is above the average yearly change for water and sewer and trash collection services during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), 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%).

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Buying power of $20.00 since 2023

Below are calculations of equivalent buying power for Water and sewer and trash collection services, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2023	$20.00	5.44%
2024	$20.96	4.80%*

* 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:

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	2023	2024
CPI	100.000	101.638	103.977	106.538	109.554	113.038	117.162	123.977	130.338	136.785	143.706	152.117	161.145	170.885	179.576	189.296	197.646	204.895	213.966	221.659	229.106	237.134	244.657	252.459	261.475	273.207	288.056	301.883

Adjust water and sewer and trash collection services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Water and sewer and trash collection services was 288.056 in the year 2023 and 301.883 in 2024:

301.883 / 288.056 * $20 = $20.96

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $20.96 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.