According to the U.S. Bureau of Labor Statistics, prices for admission to movies, theaters, and concerts were 18.27% higher in 2020 versus 2012 (a $3.65 difference in value).
Between 2012 and 2020: Admission to movies, theaters, and concerts experienced an average inflation rate of 2.12% per year. This rate of change indicates significant inflation. In other words, admission to movies, theaters, and concerts costing $20 in the year 2012 would cost $23.65 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.47% during this same period, inflation for admission to movies, theaters, and concerts was higher.
In the year 2012: Pricing changed by 1.99%, which is below the average yearly change for admission to movies, theaters, and concerts during the 2012-2020 time period. Compared to inflation for all items in 2012 (2.07%), 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 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|