According to the U.S. Bureau of Labor Statistics, prices for admission to sporting events were 3.90% higher in 2020 versus 2019 (a $3.90 difference in value).
Between 2019 and 2020: Sporting events experienced an average inflation rate of 3.90% per year. This rate of change indicates significant inflation. In other words, sporting events costing $100 in the year 2019 would cost $103.90 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 0.72% during this same period, inflation for sporting events was significantly higher.
In the year 2019: Pricing changed by 2.02%, which is below the average yearly change for sporting events during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), 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 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|