According to the U.S. Bureau of Labor Statistics, prices for lodging away from home are 74.98% higher in 2024 versus 1998 (a $74.98 difference in value).
Between 1998 and 2024: Travel lodging experienced an average inflation rate of 2.18% per year. This rate of change indicates significant inflation. In other words, travel lodging costing $100 in the year 1998 would cost $174.98 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for travel lodging was lower.
In the year 1998: Pricing changed by 9.01%, which is significantly above the average yearly change for travel lodging during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for travel lodging was much higher.
Below are calculations of equivalent buying power for Travel lodging, over time, for $100 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $100.00 | 9.01% |
| 1999 | $103.03 | 3.03% |
| 2000 | $107.78 | 4.61% |
| 2001 | $108.83 | 0.98% |
| 2002 | $108.55 | -0.26% |
| 2003 | $109.42 | 0.81% |
| 2004 | $115.46 | 5.52% |
| 2005 | $119.53 | 3.53% |
| 2006 | $124.74 | 4.36% |
| 2007 | $131.01 | 5.03% |
| 2008 | $131.79 | 0.60% |
| 2009 | $123.15 | -6.56% |
| 2010 | $122.61 | -0.44% |
| 2011 | $126.05 | 2.80% |
| 2012 | $128.91 | 2.27% |
| 2013 | $130.67 | 1.36% |
| 2014 | $136.18 | 4.22% |
| 2015 | $140.36 | 3.07% |
| 2016 | $145.02 | 3.32% |
| 2017 | $146.22 | 0.83% |
| 2018 | $147.76 | 1.06% |
| 2019 | $152.18 | 2.99% |
| 2020 | $136.61 | -10.23% |
| 2021 | $149.92 | 9.74% |
| 2022 | $166.33 | 10.95% |
| 2023 | $173.47 | 4.29% |
| 2024 | $174.98 | 0.87%* |
* 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 Lodging away from home:
| Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 109.008 | 112.308 | 117.485 | 118.631 | 118.323 | 119.277 | 125.862 | 130.300 | 135.977 | 142.813 | 143.664 | 134.243 | 133.656 | 137.401 | 140.521 | 142.439 | 148.452 | 153.003 | 158.080 | 159.387 | 161.072 | 165.888 | 148.916 | 163.422 | 181.309 | 189.095 | 190.738 |