According to the U.S. Bureau of Labor Statistics, prices for financial services were 101.64% higher in 2018 versus 1995.
Between 1995 and 2018: Financial services experienced an average inflation rate of 3.10% per year. This rate of change indicates significant inflation. In other words, financial services costing $500 in the year 1995 would cost $1,008.20 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.16% during this same period, inflation for financial services was similar.
In the year 1995: Pricing changed by 6.39%, significantly above the average yearly change for financial services during the 1995-2018 time period. Compared to inflation for all items in 1995 (2.81%), price inflation for financial services was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Financial services: