Veterinarian services priced at $20 in 2000 $44.62 in 2018

Historical Price Inflation for Veterinarian services

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Prices for Veterinarian Services, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for veterinarian services were 123.09% higher in 2018 versus 2000 (a $24.62 difference in value).

Between 2000 and 2018: Veterinarian services experienced an average inflation rate of 4.56% per year. This rate of change indicates significant inflation. In other words, veterinarian services costing $20 in the year 2000 would cost $44.62 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for veterinarian services was higher.

In the year 2000: Pricing changed by 7.63%, which is significantly above the average yearly change for veterinarian services during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for veterinarian services was much higher.

Price Inflation for Veterinarian services since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (7.63%), 2001 (6.81%), and 2008 (6.46%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Veterinarian services:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 102.485 106.762 114.908 122.738 129.631 136.454 144.685 153.392 160.115 170.356 181.355 191.211 198.359 208.210 214.238 219.859 227.624 236.187 244.808 250.203 256.344

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Veterinarian services, 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 7.63%
2001 $21.36 6.81%
2002 $22.56 5.62%
2003 $23.75 5.26%
2004 $25.18 6.03%
2005 $26.70 6.02%
2006 $27.87 4.38%
2007 $29.65 6.40%
2008 $31.57 6.46%
2009 $33.28 5.43%
2010 $34.52 3.74%
2011 $36.24 4.97%
2012 $37.29 2.89%
2013 $38.27 2.62%
2014 $39.62 3.53%
2015 $41.11 3.76%
2016 $42.61 3.65%
2017 $43.55 2.20%
2018 $44.62 2.45%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for veterinarian services, 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 Veterinarian services was 114.908 in the year 2000 and 256.344 in 2018:

256.344 / 114.908 * $20 = $44.62

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $44.62 in 2018 (in the CPI category of Veterinarian services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Veterinarian services in 1997. In addition to veterinarian services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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