According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 46.35% higher in 2018 versus 2007.
Between 2007 and 2018: Pet services including veterinary experienced an average inflation rate of 3.52% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 2007 would cost $29.27 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.69% during this same period, inflation for pet services including veterinary was similar.
In the year 2007: Pricing changed by 5.90%, above the average yearly change for pet services including veterinary during the 2007-2018 time period. Compared to inflation for all items in 2007 (2.85%), 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: