According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 22.86% lower in 2003 versus 2017.
Between 2003 and 2017: Tenants' and household insurance experienced an average inflation rate of 1.87% per year. In other words, tenants' and household insurance costing $20 in the year 2003 would cost $25.93 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.06% during this same period, tenants' and household insurance inflation was lower.
In the year 2003: Pricing changed by 5.31%, significantly above the average yearly change for tenants' and household insurance during the 2003-2017 time period. Compared to overall inflation for all items in 2003 (2.22%), price inflation for tenants' and household insurance was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tenants' and household insurance: