According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 21% lower in 2005 versus 2017.
Between 2005 and 2017: Tenants' and household insurance experienced an average inflation rate of 1.98% per year. In other words, tenants' and household insurance costing $20 in the year 2005 would cost $25.32 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.89% during this same period, tenants' and household insurance inflation was similar.
In the year 2005: Pricing changed by 1.15%, below the average yearly change for tenants' and household insurance during the 2005-2017 time period. Compared to overall inflation for all items in 2005 (3.28%), 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: