According to the U.S. Bureau of Labor Statistics, prices for services less rent of shelter were 134.30% higher in 2018 versus 1990.
Between 1990 and 2018: Services less rent of shelter experienced an average inflation rate of 3.09% per year. This rate of change indicates significant inflation. In other words, services less rent of shelter costing $20 in the year 1990 would cost $46.86 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.34% during this same period, inflation for services less rent of shelter was higher.
In the year 1990: Pricing changed by 5.64%, above the average yearly change for services less rent of shelter during the 1990-2018 time period. Compared to inflation for all items in 1990 (5.40%), price inflation for services less rent of shelter was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Services less rent of shelter: