According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 0.72% lower in 2016 versus 2017.
Between 2016 and 2017: Tenants' and household insurance experienced an average inflation rate of 0.73% per year. In other words, tenants' and household insurance costing $20 in the year 2016 would cost $20.15 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.92% during this same period, tenants' and household insurance inflation was lower.
In the year 2016: Pricing changed by 0.91%, above the average yearly change for tenants' and household insurance during the 2016-2017 time period. Compared to overall inflation for all items in 2016 (1.25%), 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: