According to the U.S. Bureau of Labor Statistics, prices for wireless telephone services are 25.44% lower in 2022 versus 2009 (a $12.72 difference in value).
Between 2009 and 2022: Cell service experienced an average inflation rate of -2.23% per year. This rate of change indicates significant deflation. In other words, cell service costing $50 in the year 2009 would cost $37.28 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.26% during this same period, inflation for cell service was significantly lower.
In the year 2009: Pricing changed by 0.03%, which is above the average yearly change for cell service during the 2009-2022 time period. Compared to inflation for all items in 2009 (-0.36%), inflation for cell service was higher.
Below are calculations of equivalent buying power for Cell service, over time, for $50 beginning in 2009. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2009 | $50.00 | 0.03% |
2010 | $48.55 | -2.90% |
2011 | $46.80 | -3.60% |
2012 | $46.44 | -0.78% |
2013 | $45.61 | -1.78% |
2014 | $44.65 | -2.11% |
2015 | $42.96 | -3.77% |
2016 | $42.55 | -0.97% |
2017 | $38.00 | -10.68% |
2018 | $37.04 | -2.55% |
2019 | $36.10 | -2.53% |
2020 | $36.83 | 2.02% |
2021 | $37.47 | 1.75% |
2022 | $37.28 | -0.51%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Wireless telephone 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 | 100.000 | 95.123 | 84.938 | 75.985 | 68.131 | 67.377 | 66.823 | 66.215 | 64.977 | 64.554 | 64.383 | 64.240 | 64.257 | 62.395 | 60.147 | 59.678 | 58.617 | 57.378 | 55.216 | 54.679 | 48.840 | 47.596 | 46.393 | 47.329 | 48.156 | 47.909 |