According to the U.S. Bureau of Labor Statistics, prices for financial services were 61.58% higher in 2018 versus 2000.
Between 2000 and 2018: Financial services experienced an average inflation rate of 2.70% per year. This rate of change indicates significant inflation. In other words, financial services costing $500 in the year 2000 would cost $807.88 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.08% during this same period, inflation for financial services was similar.
In the year 2000: Pricing changed by 4.50%, above the average yearly change for financial services during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), price inflation for financial services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Financial services: