Outpatient hospital services priced at $20 in 2000 $55.70 in 2018

Historical Price Inflation for Outpatient hospital services

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Prices for Outpatient Hospital Services, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for outpatient hospital services were 178.49% higher in 2018 versus 2000 (a $35.70 difference in value).

Between 2000 and 2018: Outpatient hospital services experienced an average inflation rate of 5.86% per year. This rate of change indicates significant inflation. In other words, outpatient hospital services costing $20 in the year 2000 would cost $55.70 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for outpatient hospital services was significantly higher.

In the year 2000: Pricing changed by 7.24%, which is above the average yearly change for outpatient hospital services during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for outpatient hospital services was much higher.

Price Inflation for Outpatient hospital services since 1987

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (11.19%), 1989 (10.86%), and 1991 (10.57%).

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

Year 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 103.350 112.525 124.750 138.708 153.375 168.658 184.317 195.000 204.583 215.075 224.867 233.133 245.983 263.783 281.142 309.775 337.933 356.317 373.050 395.067 424.284 456.878 490.644 520.545 546.885 574.048 601.685 628.923 653.191 672.389 705.825 734.605

View price changes for other categories
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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Outpatient hospital services, over time, for $20 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 $20.00 7.24%
2001 $21.32 6.58%
2002 $23.49 10.18%
2003 $25.62 9.09%
2004 $27.02 5.44%
2005 $28.28 4.70%
2006 $29.95 5.90%
2007 $32.17 7.40%
2008 $34.64 7.68%
2009 $37.20 7.39%
2010 $39.47 6.09%
2011 $41.46 5.06%
2012 $43.52 4.97%
2013 $45.62 4.81%
2014 $47.68 4.53%
2015 $49.52 3.86%
2016 $50.98 2.94%
2017 $53.52 4.97%
2018 $55.70 4.08%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for outpatient hospital services, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Outpatient hospital services was 263.783 in the year 2000 and 734.605 in 2018:

734.605 / 263.783 * $20 = $55.70

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $55.70 in 2018 (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 1987. 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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