According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 47.20% higher in 2018 versus 1999.
Between 1999 and 2018: Tenants' and household insurance experienced an average inflation rate of 2.06% per year. This rate of change indicates significant inflation. In other words, tenants' and household insurance costing $20 in the year 1999 would cost $29.44 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.13% during this same period, inflation for tenants' and household insurance was lower.
In the year 1999: Pricing changed by 1.58%, below the average yearly change for tenants' and household insurance during the 1999-2018 time period. Compared to inflation for all items in 1999 (2.19%), price inflation for tenants' and household insurance was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tenants' and household insurance: