According to the U.S. Bureau of Labor Statistics, prices for education and communication services were 13.55% higher in 2020 versus 2009 (a $2.71 difference in value).
Between 2009 and 2020: Education and communication services experienced an average inflation rate of 1.16% per year. In other words, education and communication services costing $20 in the year 2009 would cost $22.71 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.72% during this same period, inflation for education and communication services was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Education and communication services:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
CPI | 100.000 | 100.975 | 102.618 | 104.932 | 106.999 | 108.754 | 109.782 | 111.024 | 109.033 | 109.573 | 110.934 | 113.554 |
Below are calculations of equivalent buying power for Education and communication services, over time, for $20 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 | $20.00 | - |
2010 | $20.20 | 0.98% |
2011 | $20.52 | 1.63% |
2012 | $20.99 | 2.26% |
2013 | $21.40 | 1.97% |
2014 | $21.75 | 1.64% |
2015 | $21.96 | 0.95% |
2016 | $22.20 | 1.13% |
2017 | $21.81 | -1.79% |
2018 | $21.91 | 0.50% |
2019 | $22.19 | 1.24% |
2020 | $22.71 | 2.36%* |