According to the U.S. Bureau of Labor Statistics, prices for education and communication are 70.92% higher in 2025 versus 1993 (a $5,673,411.93 difference in value).
Between 1993 and 2025: Education and communication experienced an average inflation rate of 1.69% per year. In other words, education and communication costing $8,000,000 in the year 1993 would cost $13,673,411.93 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for education and communication was lower.
Below are calculations of equivalent buying power for Education and communication, over time, for $8,000,000 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1993 | $8,000,000.00 | - |
1994 | $8,309,603.10 | 3.87% |
1995 | $8,629,286.29 | 3.85% |
1996 | $8,922,329.22 | 3.40% |
1997 | $9,213,932.14 | 3.27% |
1998 | $9,386,733.87 | 1.88% |
1999 | $9,470,254.70 | 0.89% |
2000 | $9,594,815.95 | 1.32% |
2001 | $9,850,418.50 | 2.66% |
2002 | $10,098,820.99 | 2.52% |
2003 | $10,275,942.76 | 1.75% |
2004 | $10,444,424.44 | 1.64% |
2005 | $10,640,986.41 | 1.88% |
2006 | $10,929,709.30 | 2.71% |
2007 | $11,192,490.32 | 2.40% |
2008 | $11,572,013.32 | 3.39% |
2009 | $11,924,132.84 | 3.04% |
2010 | $12,160,554.41 | 1.98% |
2011 | $12,305,376.65 | 1.19% |
2012 | $12,527,952.48 | 1.81% |
2013 | $12,719,085.59 | 1.53% |
2014 | $12,871,806.32 | 1.20% |
2015 | $12,936,448.56 | 0.50% |
2016 | $13,023,000.63 | 0.67% |
2017 | $12,777,161.37 | -1.89% |
2018 | $12,803,333.63 | 0.20% |
2019 | $12,897,244.17 | 0.73% |
2020 | $13,132,196.92 | 1.82% |
2021 | $13,348,645.49 | 1.65% |
2022 | $13,459,872.20 | 0.83% |
2023 | $13,590,179.10 | 0.97% |
2024 | $13,671,604.72 | 0.60% |
2025 | $13,673,411.93 | 0.01%* |
* 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 Education and communication:
Year | 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
CPI | 85.469 | 88.777 | 92.192 | 95.323 | 98.438 | 100.285 | 101.177 | 102.508 | 105.238 | 107.892 | 109.785 | 111.585 | 113.685 | 116.769 | 119.577 | 123.631 | 127.393 | 129.919 | 131.466 | 133.844 | 135.886 | 137.518 | 138.209 | 139.133 | 136.507 | 136.786 | 137.790 | 140.300 | 142.612 | 143.801 | 145.193 | 146.063 | 146.082 |