Legal services priced at $100 in 2018 → $110.46 in 2022

Legal Services Inflation Calculator

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Prices for Legal Services, 2018-2022 ($100)

According to the U.S. Bureau of Labor Statistics, prices for legal services were 10.46% higher in 2022 versus 2018 (a $10.46 difference in value).

Between 2018 and 2022: Legal services experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, legal services costing $100 in the year 2018 would cost $110.46 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.90% during this same period, inflation for legal services was lower.

In the year 2018: Pricing changed by 4.29%, which is above the average yearly change for legal services during the 2018-2022 time period. Compared to inflation for all items in 2018 (2.44%), inflation for legal services was higher.

Price Inflation for Legal services since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
199019952000200520102015202002468
Years with the largest changes in pricing: 1990 (7.40%), 2022 (6.58%), and 2024 (6.56%).
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Buying power of $100.00 since 2018

Below are calculations of equivalent buying power for Legal services, over time, for $100 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2018$100.004.29%
2019$100.970.97%
2020$102.071.09%
2021$103.641.53%
2022$110.466.58%
2023$117.346.23%
2024$125.036.56%*

* 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 Legal services:

Year198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000103.438107.662114.115122.562129.577136.215141.954146.762151.631157.085163.823171.669179.977189.338199.469211.054221.708232.262241.754250.008260.273270.726278.146288.130297.427303.465311.817318.492323.558334.478346.391361.244364.754368.721374.381399.030423.884451.678

Adjust legal services prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2018 * 2018 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Legal services was 361.244 in the year 2018 and 399.030 in 2022:

399.030 / 361.244 * $100 = $110.46

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2018 has the same "purchasing power" as $110.46 in 2022 (in the CPI category of Legal services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Legal services in 1986. In addition to legal 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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