According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 61.38% higher in 2018 versus 2005.
Between 2005 and 2018: Pet services including veterinary experienced an average inflation rate of 3.75% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 2005 would cost $32.28 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.89% during this same period, inflation for pet services including veterinary was similar.
In the year 2005: Pricing changed by 5.62%, above the average yearly change for pet services including veterinary during the 2005-2018 time period. Compared to inflation for all items in 2005 (3.39%), 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: