According to the U.S. Bureau of Labor Statistics, prices for outdoor equipment and supplies were 2.51% higher in 2020 versus 2016 (a $0.50 difference in value).
Between 2016 and 2020: Outdoor equipment and supplies experienced an average inflation rate of 0.62% per year. In other words, outdoor equipment and supplies costing $20 in the year 2016 would cost $20.50 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.83% during this same period, inflation for outdoor equipment and supplies was lower.
In the year 2016: Pricing changed by -0.68%, which is below the average yearly change for outdoor equipment and supplies during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), 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 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|