According to the U.S. Bureau of Labor Statistics, prices for financial services were 148.40% higher in 2018 versus 1992.
Between 1992 and 2018: Financial services experienced an average inflation rate of 3.56% per year. This rate of change indicates significant inflation. In other words, financial services costing $500 in the year 1992 would cost $1,241.98 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.24% during this same period, inflation for financial services was higher.
In the year 1992: Pricing changed by 5.80%, above the average yearly change for financial services during the 1992-2018 time period. Compared to inflation for all items in 1992 (3.03%), price inflation for financial services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Financial services: