According to the U.S. Bureau of Labor Statistics, prices for admission to movies, theaters, and concerts were 25.67% higher in 2020 versus 2008 (a $5.13 difference in value).
Between 2008 and 2020: Admission to movies, theaters, and concerts experienced an average inflation rate of 1.92% per year. In other words, admission to movies, theaters, and concerts costing $20 in the year 2008 would cost $25.13 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.50% during this same period, inflation for admission to movies, theaters, and concerts was higher.
In the year 2008: Pricing changed by 2.28%, which is above the average yearly change for admission to movies, theaters, and concerts during the 2008-2020 time period. Compared to inflation for all items in 2008 (3.84%), inflation for admission to movies, theaters, and concerts was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Admission to movies, theaters, and concerts:
Below are calculations of equivalent buying power for Admission to movies, theaters, and concerts, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|