According to the U.S. Bureau of Labor Statistics, prices for internet services and electronic information providers were 20.20% lower in 2019 versus 2000 (a $10.10 difference in value).
Between 2000 and 2019: Internet services experienced an average inflation rate of -1.18% per year. In other words, internet services costing $50 in the year 2000 would cost $39.90 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for internet services was significantly lower.
In the year 2000: Pricing changed by 4.50%, which is significantly above the average yearly change for internet services during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for internet services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Internet services and electronic information providers:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
CPI | 100.000 | 102.462 | 92.238 | 96.385 | 98.062 | 98.900 | 99.808 | 97.362 | 95.708 | 92.169 | 73.247 | 73.912 | 76.535 | 77.027 | 76.302 | 76.487 | 77.190 | 78.069 | 77.524 | 77.411 | 76.534 | 75.954 | 76.916 |
Below are calculations of equivalent buying power for Internet services, over time, for $50 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $50.00 | 4.50% |
2001 | $50.87 | 1.74% |
2002 | $51.30 | 0.86% |
2003 | $51.78 | 0.92% |
2004 | $50.51 | -2.45% |
2005 | $49.65 | -1.70% |
2006 | $47.81 | -3.70% |
2007 | $38.00 | -20.53% |
2008 | $38.34 | 0.91% |
2009 | $39.70 | 3.55% |
2010 | $39.96 | 0.64% |
2011 | $39.58 | -0.94% |
2012 | $39.68 | 0.24% |
2013 | $40.04 | 0.92% |
2014 | $40.50 | 1.14% |
2015 | $40.22 | -0.70% |
2016 | $40.16 | -0.15% |
2017 | $39.70 | -1.13% |
2018 | $39.40 | -0.76% |
2019 | $39.90 | 1.27%* |