According to the U.S. Bureau of Labor Statistics, prices for financial services were 38.11% higher in 2018 versus 2005.
Between 2005 and 2018: Financial services experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, financial services costing $500 in the year 2005 would cost $690.57 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.89% during this same period, inflation for financial services was similar.
In the year 2005: Pricing changed by 2%, below the average yearly change for financial services during the 2005-2018 time period. Compared to inflation for all items in 2005 (3.39%), price inflation for financial services was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Financial services: