According to the U.S. Bureau of Labor Statistics, prices for admission to movies, theaters, and concerts were 14.72% higher in 2020 versus 2014 (a $2.94 difference in value).
Between 2014 and 2020: Admission to movies, theaters, and concerts experienced an average inflation rate of 2.32% per year. This rate of change indicates significant inflation. In other words, admission to movies, theaters, and concerts costing $20 in the year 2014 would cost $22.94 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 2014: Pricing changed by 1.84%, which is below the average yearly change for admission to movies, theaters, and concerts during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for admission to movies, theaters, and concerts was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Admission to movies, theaters, and concerts:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
CPI | 100.000 | 102.008 | 107.354 | 114.285 | 118.500 | 122.277 | 128.577 | 132.708 | 136.992 | 141.815 | 147.392 | 150.755 | 153.062 | 155.417 | 156.944 | 160.063 | 161.765 | 164.749 | 168.412 | 174.514 | 178.997 | 182.673 | 185.993 | 189.007 |
Below are calculations of equivalent buying power for Admission to movies, theaters, and concerts, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2014 | $20.00 | 1.84% |
2015 | $20.44 | 2.22% |
2016 | $21.19 | 3.62% |
2017 | $21.73 | 2.57% |
2018 | $22.18 | 2.05% |
2019 | $22.58 | 1.82% |
2020 | $22.94 | 1.62%* |