According to the U.S. Bureau of Labor Statistics, prices for internet services and electronic information providers were 26.64% lower in 2018 versus 1998.
Between 1998 and 2018: Internet services experienced an average inflation rate of -1.54% per year. In other words, internet services costing $50 in the year 1998 would cost $36.68 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.15% during this same period, inflation for internet services was significantly lower.
In the year 1998: Pricing changed by 2.46%, significantly above the average yearly change for internet services during the 1998-2018 time period. Compared to inflation for all items in 1998 (1.55%), price 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: