According to the U.S. Bureau of Labor Statistics, prices for financial services were 56.66% higher in 2018 versus 2001.
Between 2001 and 2018: Financial services experienced an average inflation rate of 2.68% per year. This rate of change indicates significant inflation. In other words, financial services costing $500 in the year 2001 would cost $783.31 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.04% during this same period, inflation for financial services was higher.
In the year 2001: Pricing changed by 4%, above the average yearly change for financial services during the 2001-2018 time period. Compared to inflation for all items in 2001 (2.83%), price inflation for financial services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Financial services: