Services less rent of shelter priced at $20 in 1993 $40.58 in 2018

Historical Price Inflation for Services less rent of shelter

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Prices for Services Less Rent Of Shelter, 1993-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for services less rent of shelter were 102.90% higher in 2018 versus 1993.

Between 1993 and 2018: Services less rent of shelter experienced an average inflation rate of 2.87% per year. This rate of change indicates significant inflation. In other words, services less rent of shelter costing $20 in the year 1993 would cost $40.58 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.21% during this same period, inflation for services less rent of shelter was higher.

In the year 1993: Pricing changed by 4.61%, above the average yearly change for services less rent of shelter during the 1993-2018 time period. Compared to inflation for all items in 1993 (2.95%), price inflation for services less rent of shelter was higher.

Price Inflation for Services less rent of shelter since 1982

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (5.73%), 1990 (5.64%), and 1984 (5.48%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Services less rent of shelter:

Year 1982 1983 1984 1985 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 100.000 102.862 108.500 113.531 118.692 123.062 128.323 135.123 142.738 150.923 157.554 164.823 170.669 176.769 182.515 188.077 191.754 195.838 202.931 212.292 217.523 226.415 233.538 243.185 253.323 260.764 273.000 278.064 284.368 290.554 296.561 304.050 311.188 315.790 322.763 329.294 334.434

View price changes for other categories
Hospital services · Gasoline (all types) · Alcoholic beverages · Food · More

How to calculate the inflation rate for services less rent of shelter, 1993-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 1993 * 1993 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Services less rent of shelter was 164.823 in the year 1993 and 334.434 in 2018:

334.434 / 164.823 * $20 = $40.58

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1993 has the same "purchasing power" as $40.58 in 2018 (in the category of Services less rent of shelter).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Services less rent of shelter in 1982. In addition to services less rent of shelter, 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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