Admission to movies, theaters, and concerts priced at $20 in 1998 $44.29 in 2024

Admission To Movies, Theaters, And Concerts Inflation Calculator

$

Prices for Admission To Movies, Theaters, And Concerts, 1998-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for admission to movies, theaters, and concerts are 121.44% higher in 2024 versus 1998 (a $24.29 difference in value).

Between 1998 and 2024: Admission to movies, theaters, and concerts experienced an average inflation rate of 3.10% per year. This rate of change indicates significant inflation. In other words, admission to movies, theaters, and concerts costing $20 in the year 1998 would cost $44.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for admission to movies, theaters, and concerts was higher.

In the year 1998: Pricing changed by 2.01%, which is below the average yearly change for admission to movies, theaters, and concerts during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for admission to movies, theaters, and concerts was higher.

Price Inflation for Admission to movies, theaters, and concerts since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (6.46%), 2022 (5.99%), and 2023 (5.74%).

View price changes for other categories
Minneapolis-St Paul, Minnesota · Admission to sporting events · Bread · St Louis, Missouri · More

Buying power of $20.00 since 1998

Below are calculations of equivalent buying power for Admission to movies, theaters, and concerts, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20.002.01%
1999$21.055.24%
2000$22.416.46%
2001$23.233.69%
2002$23.973.19%
2003$25.215.15%
2004$26.023.21%
2005$26.863.23%
2006$27.803.52%
2007$28.903.93%
2008$29.562.28%
2009$30.011.53%
2010$30.471.54%
2011$30.770.98%
2012$31.381.99%
2013$31.721.06%
2014$32.301.84%
2015$33.022.22%
2016$34.223.62%
2017$35.092.57%
2018$35.822.05%
2019$36.471.82%
2020$37.061.62%
2021$38.142.93%
2022$40.435.99%
2023$42.755.74%
2024$44.293.60%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Admission to movies, theaters, and concerts:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000102.008107.354114.285118.500122.277128.577132.708136.992141.815147.392150.755153.062155.417156.944160.063161.765164.749168.412174.514178.997182.673185.993189.007194.549206.200218.035225.889

Adjust admission to movies, theaters, and concerts prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1998 * 1998 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Admission to movies, theaters, and concerts was 102.008 in the year 1998 and 225.889 in 2024:

225.889 / 102.008 * $20 = $44.29

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $44.29 in 2024 (in the CPI category of Admission to movies, theaters, and concerts).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Admission to movies, theaters, and concerts in 1997. In addition to admission to movies, theaters, and concerts, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.