According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 79.79% higher in 2018 versus 2003.
Between 2003 and 2018: Pet services including veterinary experienced an average inflation rate of 3.99% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 2003 would cost $35.96 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.05% during this same period, inflation for pet services including veterinary was similar.
In the year 2003: Pricing changed by 5.19%, above the average yearly change for pet services including veterinary during the 2003-2018 time period. Compared to inflation for all items in 2003 (2.27%), 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: