Admission to movies, theaters, and concerts price inflation, 2023→2024

Admission To Movies, Theaters, And Concerts Inflation Calculator

Prices for Admission To Movies, Theaters, And Concerts, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for admission to movies, theaters, and concerts are 3.51% higher in 2024 versus 2023 (a $0.70 difference in value).

Between 2023 and 2024: Admission to movies, theaters, and concerts experienced an average inflation rate of 3.51% per year. This rate of change indicates significant inflation. In other words, admission to movies, theaters, and concerts costing $20 in the year 2023 would cost $20.70 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.89% during this same period, inflation for admission to movies, theaters, and concerts was higher.

In the year 2023: Pricing changed by 5.74%, which is above the average yearly change for admission to movies, theaters, and concerts during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for admission to movies, theaters, and concerts was higher.

Price Inflation for Admission to movies, theaters, and concerts since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2000 (6.46%), 2022 (5.99%), and 2023 (5.74%).

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Buying power of $20.00 since 2023

Below are calculations of equivalent buying power for Admission to movies, theaters, and concerts, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2023	$20.00	5.74%
2024	$20.70	3.51%*

* 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	225.695

Adjust admission to movies, theaters, and concerts prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Admission to movies, theaters, and concerts was 218.035 in the year 2023 and 225.695 in 2024:

225.695 / 218.035 * $20 = $20.70

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $20.70 in 2024 (in the CPI category of Admission to movies, theaters, and concerts).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Admission to movies, theaters, and concerts in 1997. In addition to admission to movies, theaters, and concerts, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.