According to the U.S. Bureau of Labor Statistics, prices for admission to movies, theaters, and concerts were 23.51% higher in 2021 versus 2011 (a $4.70 difference in value).
Between 2011 and 2021: Admission to movies, theaters, and concerts experienced an average inflation rate of 2.13% per year. This rate of change indicates significant inflation. In other words, admission to movies, theaters, and concerts costing $20 in the year 2011 would cost $24.70 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.82% during this same period, inflation for admission to movies, theaters, and concerts was higher.
In the year 2011: Pricing changed by 0.98%, which is below the average yearly change for admission to movies, theaters, and concerts during the 2011-2021 time period. Compared to inflation for all items in 2011 (3.16%), 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 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|