Outpatient hospital services priced at $20 in 1986 $182.45 in 2024

Outpatient Hospital Services Inflation Calculator

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Prices for Outpatient Hospital Services, 1986-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for outpatient hospital services are 812.26% higher in 2024 versus 1986 (a $162.45 difference in value).

Between 1986 and 2024: Outpatient hospital services experienced an average inflation rate of 5.99% per year. This rate of change indicates significant inflation. In other words, outpatient hospital services costing $20 in the year 1986 would cost $182.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.79% during this same period, inflation for outpatient hospital services was significantly higher.

Price Inflation for Outpatient hospital services since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (11.19%), 1989 (10.86%), and 1991 (10.59%).

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Buying power of $20.00 since 1986

Below are calculations of equivalent buying power for Outpatient hospital services, over time, for $20 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$20.00-
1987$20.673.33%
1988$22.508.89%
1989$24.9510.86%
1990$27.7411.19%
1991$30.6810.59%
1992$33.739.96%
1993$36.869.27%
1994$39.005.81%
1995$40.914.89%
1996$43.015.13%
1997$44.974.56%
1998$46.633.69%
1999$49.205.51%
2000$52.767.23%
2001$56.236.58%
2002$61.9610.19%
2003$67.599.09%
2004$71.265.43%
2005$74.604.69%
2006$79.005.90%
2007$84.857.40%
2008$91.377.69%
2009$98.127.39%
2010$104.116.10%
2011$109.375.05%
2012$114.804.97%
2013$120.334.82%
2014$125.784.53%
2015$130.643.86%
2016$134.472.94%
2017$141.164.97%
2018$147.134.23%
2019$149.571.66%
2020$154.323.17%
2021$158.142.48%
2022$163.123.15%
2023$171.855.35%
2024$182.456.17%*

* 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 Outpatient hospital services:

Year198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000103.331112.515124.738138.700153.392168.669184.308195.023204.562215.054224.862233.154246.000263.792281.138309.777337.931356.277372.985395.008424.230456.849490.622520.550546.863574.023601.670628.913653.191672.374705.811735.647747.849771.583790.720815.619859.231912.260

Adjust outpatient hospital services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1986 * 1986 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Outpatient hospital services was 100.000 in the year 1986 and 912.260 in 2024:

912.260 / 100.000 * $20 = $182.45

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1986 has the same "purchasing power" as $182.45 in 2024 (in the CPI category of Outpatient hospital services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Outpatient hospital services in 1986. In addition to outpatient hospital services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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