According to the U.S. Bureau of Labor Statistics, prices for laundry and dry cleaning services are 128.68% higher in 2024 versus 1997 (a $25.74 difference in value).
Between 1997 and 2024: Laundry and dry cleaning services experienced an average inflation rate of 3.11% per year. This rate of change indicates significant inflation. In other words, laundry and dry cleaning services costing $20 in the year 1997 would cost $45.74 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for laundry and dry cleaning services was higher.
Below are calculations of equivalent buying power for Laundry and dry cleaning services, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1997 | $20.00 | - |
1998 | $20.29 | 1.44% |
1999 | $20.78 | 2.45% |
2000 | $21.21 | 2.03% |
2001 | $21.97 | 3.61% |
2002 | $22.65 | 3.07% |
2003 | $23.16 | 2.27% |
2004 | $23.80 | 2.78% |
2005 | $24.35 | 2.30% |
2006 | $25.09 | 3.03% |
2007 | $25.89 | 3.17% |
2008 | $27.03 | 4.40% |
2009 | $27.81 | 2.91% |
2010 | $28.44 | 2.25% |
2011 | $28.86 | 1.48% |
2012 | $29.37 | 1.80% |
2013 | $29.89 | 1.75% |
2014 | $30.44 | 1.86% |
2015 | $31.15 | 2.32% |
2016 | $32.09 | 3.03% |
2017 | $32.94 | 2.65% |
2018 | $33.89 | 2.88% |
2019 | $35.16 | 3.74% |
2020 | $36.04 | 2.49% |
2021 | $37.66 | 4.50% |
2022 | $40.98 | 8.83% |
2023 | $43.51 | 6.16% |
2024 | $45.74 | 5.13%* |
* 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 Laundry and dry cleaning services:
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 | 101.438 | 103.923 | 106.031 | 109.862 | 113.231 | 115.800 | 119.023 | 121.762 | 125.454 | 129.436 | 135.133 | 139.061 | 142.184 | 144.281 | 146.874 | 149.442 | 152.218 | 155.747 | 160.462 | 164.719 | 169.455 | 175.798 | 180.180 | 188.295 | 204.914 | 217.527 | 228.681 |