According to the U.S. Bureau of Labor Statistics, prices for admission to sporting events were 14.42% higher in 2020 versus 2015 (a $14.42 difference in value).
Between 2015 and 2020: Sporting events experienced an average inflation rate of 2.73% per year. This rate of change indicates significant inflation. In other words, sporting events costing $100 in the year 2015 would cost $114.42 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.75% during this same period, inflation for sporting events was higher.
In the year 2015: Pricing changed by 7.14%, which is significantly above the average yearly change for sporting events during the 2015-2020 time period. Compared to inflation for all items in 2015 (0.12%), inflation for sporting events was much 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 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|