According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 4.89% higher in 2017 versus 2014.
Between 2014 and 2017: Tenants' and household insurance experienced an average inflation rate of 1.60% per year. In other words, tenants' and household insurance costing $20 in the year 2014 would cost $20.98 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.15% during this same period, inflation for tenants' and household insurance was similar.
In the year 2014: Pricing changed by 4.80%, significantly above the average yearly change for tenants' and household insurance during the 2014-2017 time period. Compared to inflation for all items in 2014 (1.62%), 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: