Medical care services priced at $20 in 2011→$25.30 in 2019

Medical Care Services Inflation Calculator

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Prices for Medical Care Services, 2011-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for medical care services were 26.51% higher in 2019 versus 2011 (a $5.30 difference in value).

Between 2011 and 2019, Medical care services experienced an average inflation rate of 2.98% per year. This rate of change indicates significant inflation. In other words, medical care services costing $20 in the year 2011 would cost $25.30 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.61% during this same period, inflation for medical care services was higher.

In the year 2011: Pricing changed by 3.06%, which is above the average yearly change for medical care services during the 2011-2019 time period. Compared to inflation for all items in 2011 (3.16%), inflation for medical care services was lower.

Price Inflation for Medical care services since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1975 (12.61%), 1982 (11.86%), and 1980 (11.28%).

Medical care services prices are up 2.8% over the past year, but your own inflation rate depends on everything you buy. The personal inflation calculator works it out from your budget.

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Buying power of $20.00 since 2011

Below are calculations of equivalent buying power for Medical care services, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2011$20.003.06%
2012$20.783.90%
2013$21.423.10%
2014$21.932.38%
2015$22.472.45%
2016$23.353.91%
2017$23.922.43%
2018$24.442.17%
2019$25.303.54%
2020$26.554.94%
2021$27.041.86%
2022$28.214.29%
2023$28.11-0.35%
2024$28.902.82%
2025$29.893.41%
2026$30.762.94%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Medical care services:

Year19351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI8.2608.3088.4008.4008.4588.5008.5088.7009.1679.5759.82510.35011.28312.01712.51712.76713.38314.24214.76715.20815.69216.31717.01717.85818.72519.49220.20820.87521.49222.01722.70023.92526.00827.92530.17532.32534.67535.94237.54241.37546.59251.25856.35061.23367.18374.75882.77592.592100.675106.733113.175121.908129.950138.342148.892162.675177.083190.525202.917213.417224.183232.408239.075246.800255.058266.017278.758292.883305.967321.333336.675350.617369.302384.943397.299411.208423.810440.341454.007464.798476.171494.766506.804517.805536.142562.650573.096597.710595.636612.418633.314651.917

Adjust medical care services prices for inflation

Start with the inflation rate formula:

CPI in 2019 / CPI in 2011* 2011 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Medical care services was 423.810 in the year 2011 and 536.142 in 2019:

536.142 / 423.810* $20 = $25.30

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2011 has the same "purchasing power" as $25.30 in 2019 (in the CPI category of Medical care services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Medical care services in 1935. In addition to medical care services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.