According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 136.83% higher in 2018 versus 1998.
Between 1998 and 2018: Pet services including veterinary experienced an average inflation rate of 4.41% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 1998 would cost $47.37 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.15% during this same period, inflation for pet services including veterinary was similar.
In the year 1998: Pricing changed by 2.40%, below the average yearly change for pet services including veterinary during the 1998-2018 time period. Compared to inflation for all items in 1998 (1.55%), price inflation for pet services including veterinary was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pet services including veterinary: