Services by other medical professionals priced at $20 in 2000 $29.31 in 2018

Historical Price Inflation for Services by other medical professionals

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Prices for Services By Other Medical Professionals, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for services by other medical professionals were 46.56% higher in 2018 versus 2000 (a $9.31 difference in value).

Between 2000 and 2018: Services by other medical professionals experienced an average inflation rate of 2.15% per year. This rate of change indicates significant inflation. In other words, services by other medical professionals costing $20 in the year 2000 would cost $29.31 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for services by other medical professionals was higher.

In the year 2000: Pricing changed by 2.01%, which is below the average yearly change for services by other medical professionals during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for services by other medical professionals was lower.

Price Inflation for Services by other medical professionals since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1988 (5.76%), 1989 (5.43%), and 1991 (5.35%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Services by other medical professionals:

Year 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 102.392 108.292 114.177 120.177 126.608 131.715 135.862 141.300 143.900 146.554 151.838 155.385 158.700 161.892 167.315 171.831 177.062 181.892 186.800 192.162 197.414 205.492 209.779 214.370 217.435 219.608 223.342 226.393 228.246 230.958 236.592 237.274

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Services by other medical professionals, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 2.01%
2001 $20.67 3.35%
2002 $21.23 2.70%
2003 $21.87 3.04%
2004 $22.47 2.73%
2005 $23.08 2.70%
2006 $23.74 2.87%
2007 $24.39 2.73%
2008 $25.39 4.09%
2009 $25.92 2.09%
2010 $26.48 2.19%
2011 $26.86 1.43%
2012 $27.13 1.00%
2013 $27.59 1.70%
2014 $27.97 1.37%
2015 $28.20 0.82%
2016 $28.53 1.19%
2017 $29.23 2.44%
2018 $29.31 0.29%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for services by other medical professionals, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Services by other medical professionals was 161.892 in the year 2000 and 237.274 in 2018:

237.274 / 161.892 * $20 = $29.31

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $29.31 in 2018 (in the CPI category of Services by other medical professionals).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Services by other medical professionals in 1986. In addition to services by other medical professionals, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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