According to the U.S. Bureau of Labor Statistics, prices for lodging away from home were 5.35% higher in 2021 versus 2008 (a $5.35 difference in value).
Between 2008 and 2021: Travel lodging experienced an average inflation rate of 0.40% per year. In other words, travel lodging costing $100 in the year 2008 would cost $105.35 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.65% during this same period, inflation for travel lodging was lower.
In the year 2008: Pricing changed by 0.57%, which is above the average yearly change for travel lodging during the 2008-2021 time period. Compared to inflation for all items in 2008 (3.84%), inflation for travel lodging was much lower.
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 |
| CPI | 108.000 | 109.058 | 112.292 | 117.475 | 118.600 | 118.325 | 119.325 | 125.892 | 130.283 | 135.950 | 142.745 | 143.561 | 134.265 | 133.654 | 137.421 | 140.510 | 142.434 | 148.472 | 153.063 | 158.137 | 159.478 | 161.023 | 165.777 | 148.990 | 151.246 |
Below are calculations of equivalent buying power for Travel lodging, over time, for $100 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2008 | $100.00 | 0.57% |
| 2009 | $93.52 | -6.48% |
| 2010 | $93.10 | -0.46% |
| 2011 | $95.72 | 2.82% |
| 2012 | $97.87 | 2.25% |
| 2013 | $99.21 | 1.37% |
| 2014 | $103.42 | 4.24% |
| 2015 | $106.62 | 3.09% |
| 2016 | $110.15 | 3.32% |
| 2017 | $111.09 | 0.85% |
| 2018 | $112.16 | 0.97% |
| 2019 | $115.47 | 2.95% |
| 2020 | $103.78 | -10.13% |
| 2021 | $105.35 | 1.51%* |