According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 89.12% higher in 2018 versus 2002.
Between 2002 and 2018: Pet services including veterinary experienced an average inflation rate of 4.06% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 2002 would cost $37.82 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.06% during this same period, inflation for pet services including veterinary was similar.
In the year 2002: Pricing changed by 5.25%, above the average yearly change for pet services including veterinary during the 2002-2018 time period. Compared to inflation for all items in 2002 (1.59%), price inflation for pet services including veterinary was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pet services including veterinary: