According to the U.S. Bureau of Labor Statistics, prices for lodging away from home are 62.35% higher in 2024 versus 2000 (a $62.35 difference in value).
Between 2000 and 2024: Travel lodging experienced an average inflation rate of 2.04% per year. This rate of change indicates significant inflation. In other words, travel lodging costing $100 in the year 2000 would cost $162.35 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for travel lodging was lower.
In the year 2000: Pricing changed by 4.61%, which is above the average yearly change for travel lodging during the 2000-2024 time period. Compared to inflation for all items in 2000 (3.38%), inflation for travel lodging was higher.
Below are calculations of equivalent buying power for Travel lodging, over time, for $100 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $100.00 | 4.61% |
2001 | $100.98 | 0.98% |
2002 | $100.71 | -0.26% |
2003 | $101.53 | 0.81% |
2004 | $107.13 | 5.52% |
2005 | $110.91 | 3.53% |
2006 | $115.74 | 4.36% |
2007 | $121.56 | 5.03% |
2008 | $122.28 | 0.60% |
2009 | $114.26 | -6.56% |
2010 | $113.77 | -0.44% |
2011 | $116.95 | 2.80% |
2012 | $119.61 | 2.27% |
2013 | $121.24 | 1.36% |
2014 | $126.36 | 4.22% |
2015 | $130.23 | 3.07% |
2016 | $134.55 | 3.32% |
2017 | $135.67 | 0.83% |
2018 | $137.10 | 1.06% |
2019 | $141.20 | 2.99% |
2020 | $126.75 | -10.23% |
2021 | $139.10 | 9.74% |
2022 | $154.33 | 10.95% |
2023 | $160.95 | 4.29% |
2024 | $162.35 | 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 |