Pet services including veterinary priced at $20 in 2015 $21.47 in 2018

Historical Price Inflation for Pet services including veterinary

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Prices for Pet Services Including Veterinary, 2015-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 7.37% higher in 2018 versus 2015.

Between 2015 and 2018: Pet services including veterinary experienced an average inflation rate of 2.40% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 2015 would cost $21.47 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 2015: Pricing changed by 3.50%, above the average yearly change for pet services including veterinary during the 2015-2018 time period. Compared to inflation for all items in 2015 (0.12%), price inflation for pet services including veterinary was much higher.

Price Inflation for Pet services including veterinary since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (7.58%), 2001 (6.28%), and 2008 (6.18%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pet services including veterinary:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 102.400 106.554 114.631 121.831 128.231 134.885 142.277 150.269 156.469 165.707 175.953 184.380 190.755 200.257 206.369 211.497 218.223 225.864 233.776 238.598 242.510

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How to calculate the inflation rate for pet services including veterinary, 2015-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2015 * 2015 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Pet services including veterinary was 225.864 in the year 2015 and 242.510 in 2018:

242.510 / 225.864 * $20 = $21.47

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2015 has the same "purchasing power" as $21.47 in 2018 (in the category of Pet services including veterinary).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Pet services including veterinary in 1997. In addition to pet services including veterinary, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.

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