According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 26.95% lower in 2002 versus 2017.
Between 2002 and 2017: Tenants' and household insurance experienced an average inflation rate of 2.12% per year. In other words, tenants' and household insurance costing $20 in the year 2002 would cost $27.38 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.07% during this same period, tenants' and household insurance inflation was similar.
In the year 2002: Pricing changed by 2.28%, above the average yearly change for tenants' and household insurance during the 2002-2017 time period. Compared to overall inflation for all items in 2002 (1.56%), price inflation for tenants' and household insurance was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tenants' and household insurance: