According to the U.S. Bureau of Labor Statistics, prices for admission to movies, theaters, and concerts were 12.50% higher in 2020 versus 2015 (a $2.50 difference in value).
Between 2015 and 2020: Admission to movies, theaters, and concerts experienced an average inflation rate of 2.38% per year. This rate of change indicates significant inflation. In other words, admission to movies, theaters, and concerts costing $20 in the year 2015 would cost $22.50 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.67% during this same period, inflation for admission to movies, theaters, and concerts was higher.
In the year 2015: Pricing changed by 2.22%, which is below the average yearly change for admission to movies, theaters, and concerts during the 2015-2020 time period. Compared to inflation for all items in 2015 (0.12%), 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:
Below are calculations of equivalent buying power for Admission to movies, theaters, and concerts, over time, for $20 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|