According to the U.S. Bureau of Labor Statistics, prices for club membership for shopping clubs, fraternal, or other organizations, or participant sports fees are 10.68% higher in 2022 versus 2017 (a $21.37 difference in value).
Between 2017 and 2022: Club memberships experienced an average inflation rate of 2.05% per year. This rate of change indicates significant inflation. In other words, club memberships costing $200 in the year 2017 would cost $221.37 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.30% during this same period, inflation for club memberships was lower.
In the year 2017: Pricing changed by 2.36%, which is above the average yearly change for club memberships during the 2017-2022 time period. Compared to inflation for all items in 2017 (2.13%), inflation for club memberships was higher.
Below are calculations of equivalent buying power for Club memberships, over time, for $200 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Club membership for shopping clubs, fraternal, or other organizations, or participant sports fees: