Purchase of pets, pet supplies, accessories priced at $20 in 2002 $22.10 in 2018

Historical Price Inflation for Purchase of pets, pet supplies, accessories

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Prices for Purchase Of Pets, Pet Supplies, Accessories, 2002-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for purchase of pets, pet supplies, accessories were 10.48% higher in 2018 versus 2002 (a $2.10 difference in value).

Between 2002 and 2018: Purchase of pets, pet supplies, accessories experienced an average inflation rate of 0.63% per year. In other words, purchase of pets, pet supplies, accessories costing $20 in the year 2002 would cost $22.10 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.11% during this same period, inflation for purchase of pets, pet supplies, accessories was lower.

Price Inflation for Purchase of pets, pet supplies, accessories since 2002

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2009 (3.23%), 2005 (3.19%), and 2008 (3.06%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Purchase of pets, pet supplies, accessories:

Year 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 103.383 103.925 104.375 107.708 109.983 112.393 115.828 119.564 117.565 117.624 117.303 114.829 113.606 113.659 113.737 113.275 114.223

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Buying power of $20 since 2002

Below are calculations of equivalent buying power for Purchase of pets, pet supplies, accessories, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2002 $20.00 -
2003 $20.10 0.52%
2004 $20.19 0.43%
2005 $20.84 3.19%
2006 $21.28 2.11%
2007 $21.74 2.19%
2008 $22.41 3.06%
2009 $23.13 3.23%
2010 $22.74 -1.67%
2011 $22.76 0.05%
2012 $22.69 -0.27%
2013 $22.21 -2.11%
2014 $21.98 -1.06%
2015 $21.99 0.05%
2016 $22.00 0.07%
2017 $21.91 -0.41%
2018 $22.10 0.84%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for purchase of pets, pet supplies, accessories, 2002-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2002 * 2002 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Purchase of pets, pet supplies, accessories was 103.383 in the year 2002 and 114.223 in 2018:

114.223 / 103.383 * $20 = $22.10

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $22.10 in 2018 (in the CPI category of Purchase of pets, pet supplies, accessories).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Purchase of pets, pet supplies, accessories in 2002. In addition to purchase of pets, pet supplies, accessories, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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