According to the U.S. Bureau of Labor Statistics, prices for admission to sporting events were 29.06% higher in 2020 versus 2012 (a $29.06 difference in value).
Between 2012 and 2020: Sporting events experienced an average inflation rate of 3.24% per year. This rate of change indicates significant inflation. In other words, sporting events costing $100 in the year 2012 would cost $129.06 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.44% during this same period, inflation for sporting events was higher.
In the year 2012: Pricing changed by 3.28%, which is above the average yearly change for sporting events during the 2012-2020 time period. Compared to inflation for all items in 2012 (2.07%), inflation for sporting events was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Admission to sporting events:
Below are calculations of equivalent buying power for Sporting events, over time, for $100 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|