According to the U.S. Bureau of Labor Statistics, prices for services less rent of shelter were 37.38% higher in 2018 versus 2005.
Between 2005 and 2018: Services less rent of shelter experienced an average inflation rate of 2.47% per year. This rate of change indicates significant inflation. In other words, services less rent of shelter costing $20 in the year 2005 would cost $27.48 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.89% during this same period, inflation for services less rent of shelter was similar.
In the year 2005: Pricing changed by 4.13%, above the average yearly change for services less rent of shelter during the 2005-2018 time period. Compared to inflation for all items in 2005 (3.39%), 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: