According to the U.S. Bureau of Labor Statistics, prices for outdoor equipment and supplies were 1.56% higher in 2020 versus 2014 (a $0.31 difference in value).
Between 2014 and 2020: Outdoor equipment and supplies experienced an average inflation rate of 0.26% per year. In other words, outdoor equipment and supplies costing $20 in the year 2014 would cost $20.31 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.45% during this same period, inflation for outdoor equipment and supplies was lower.
In the year 2014: Pricing changed by -0.98%, which is below the average yearly change for outdoor equipment and supplies during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for outdoor equipment and supplies was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Outdoor equipment and supplies:
Below are calculations of equivalent buying power for Outdoor equipment and supplies, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|