According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 29.94% higher in 2018 versus 2003.
Between 2003 and 2018: Tenants' and household insurance experienced an average inflation rate of 1.76% per year. In other words, tenants' and household insurance costing $20 in the year 2003 would cost $25.99 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.02% during this same period, inflation for tenants' and household insurance was lower.
In the year 2003: Pricing changed by 5.60%, significantly above the average yearly change for tenants' and household insurance during the 2003-2018 time period. Compared to inflation for all items in 2003 (2.27%), 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: