According to the U.S. Bureau of Labor Statistics, prices for lodging away from home were 4.72% lower in 2021 versus 2015 (a $4.72 difference in value).
Between 2015 and 2021: Travel lodging experienced an average inflation rate of -0.80% per year. In other words, travel lodging costing $100 in the year 2015 would cost $95.28 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.82% during this same period, inflation for travel lodging was lower.
In the year 2015: Pricing changed by 3.09%, which is significantly above the average yearly change for travel lodging during the 2015-2021 time period. Compared to inflation for all items in 2015 (0.12%), inflation for travel lodging was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Lodging away from home:
Below are calculations of equivalent buying power for Travel lodging, over time, for $100 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|