According to the U.S. Bureau of Labor Statistics, prices for lodging away from home were 6.58% higher in 2021 versus 2010 (a $6.58 difference in value).
Between 2010 and 2021: Travel lodging experienced an average inflation rate of 0.58% per year. In other words, travel lodging costing $100 in the year 2010 would cost $106.58 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.72% during this same period, inflation for travel lodging was lower.
In the year 2010: Pricing changed by -0.46%, which is below the average yearly change for travel lodging during the 2010-2021 time period. Compared to inflation for all items in 2010 (1.64%), inflation for travel lodging was 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 | 142.447 |
Below are calculations of equivalent buying power for Travel lodging, over time, for $100 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2010 | $100.00 | -0.46% |
2011 | $102.82 | 2.82% |
2012 | $105.13 | 2.25% |
2013 | $106.57 | 1.37% |
2014 | $111.09 | 4.24% |
2015 | $114.52 | 3.09% |
2016 | $118.32 | 3.32% |
2017 | $119.32 | 0.85% |
2018 | $120.48 | 0.97% |
2019 | $124.03 | 2.95% |
2020 | $111.47 | -10.13% |
2021 | $106.58 | -4.39%* |