According to the U.S. Bureau of Labor Statistics, prices for internet services and electronic information providers are 10.75% higher in 2024 versus 2020 (a $5.37 difference in value).
Between 2020 and 2024: Internet services experienced an average inflation rate of 2.59% per year. This rate of change indicates significant inflation. In other words, internet services costing $50 in the year 2020 would cost $55.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for internet services was lower.
In the year 2020: Pricing changed by 1.43%, which is below the average yearly change for internet services during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for internet services was higher.
Below are calculations of equivalent buying power for Internet services, over time, for $50 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $50.00 | 1.43% |
| 2021 | $50.73 | 1.47% |
| 2022 | $51.57 | 1.64% |
| 2023 | $53.50 | 3.76% |
| 2024 | $55.37 | 3.50%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Internet services and electronic information providers:
| Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 102.462 | 92.238 | 96.385 | 98.062 | 98.900 | 99.808 | 97.362 | 95.708 | 92.169 | 73.247 | 73.912 | 76.535 | 77.027 | 76.302 | 76.487 | 77.190 | 78.069 | 77.524 | 77.411 | 76.534 | 75.954 | 77.090 | 78.194 | 79.340 | 80.642 | 83.670 | 86.600 |