According to the U.S. Bureau of Labor Statistics, prices for admission to movies, theaters, and concerts are 29.30% higher in 2024 versus 2016 (a $5.86 difference in value).
Between 2016 and 2024: Admission to movies, theaters, and concerts experienced an average inflation rate of 3.26% per year. This rate of change indicates significant inflation. In other words, admission to movies, theaters, and concerts costing $20 in the year 2016 would cost $25.86 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for admission to movies, theaters, and concerts was lower.
In the year 2016: Pricing changed by 3.62%, which is above the average yearly change for admission to movies, theaters, and concerts during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for admission to movies, theaters, and concerts was higher.
Below are calculations of equivalent buying power for Admission to movies, theaters, and concerts, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2016 | $20.00 | 3.62% |
2017 | $20.51 | 2.57% |
2018 | $20.94 | 2.05% |
2019 | $21.32 | 1.82% |
2020 | $21.66 | 1.62% |
2021 | $22.30 | 2.93% |
2022 | $23.63 | 5.99% |
2023 | $24.99 | 5.74% |
2024 | $25.86 | 3.49%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
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 | 2021 | 2022 | 2023 | 2024 |
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 | 194.549 | 206.200 | 218.035 | 225.647 |