According to the U.S. Bureau of Labor Statistics, prices for lodging away from home are 10.16% higher in 2022 versus 2021 (a $10.16 difference in value).
Between 2021 and 2022: Travel lodging experienced an average inflation rate of 10.16% per year. This rate of change indicates significant inflation. In other words, travel lodging costing $100 in the year 2021 would cost $110.16 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 5.31% during this same period, inflation for travel lodging was significantly higher.
In the year 2021: Pricing changed by 9.65%, which is below the average yearly change for travel lodging during the 2021-2022 time period. Compared to inflation for all items in 2021 (4.70%), inflation for travel lodging was much higher.
Below are calculations of equivalent buying power for Travel lodging, over time, for $100 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2021 | $100.00 | 9.65% |
| 2022 | $110.16 | 10.16%* |
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 |
| 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 | 142.433 | 148.472 | 153.063 | 158.137 | 159.443 | 160.982 | 165.735 | 149.030 | 163.413 | 180.022 |