Admissions priced at $20 in 2016 $23.82 in 2023

Admissions Inflation Calculator


Prices for Admissions, 2016-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for admissions are 19.09% higher in 2023 versus 2016 (a $3.82 difference in value).

Between 2016 and 2023: Admissions experienced an average inflation rate of 2.53% per year. This rate of change indicates significant inflation. In other words, admissions costing $20 in the year 2016 would cost $23.82 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.24% during this same period, inflation for admissions was lower.

In the year 2016: Pricing changed by 3.31%, which is above the average yearly change for admissions during the 2016-2023 time period. Compared to inflation for all items in 2016 (1.26%), inflation for admissions was higher.

Price Inflation for Admissions since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (8.10%), 1989 (7.89%), and 1983 (7.04%).

View price changes for other categories
Educational books and supplies · Hospital services · Boston, Massachusetts · Bread · More

Buying power of $20.00 since 2016

Below are calculations of equivalent buying power for Admissions, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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 Admissions:


Adjust admissions prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2016 * 2016 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Admissions was 365.831 in the year 2016 and 435.653 in 2023:

435.653 / 365.831 * $20 = $23.82

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $23.82 in 2023 (in the CPI category of Admissions).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Admissions in 1977. In addition to admissions, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.