According to the U.S. Bureau of Labor Statistics, prices for recreation commodities are 1.59% lower in 2024 versus 2016 (a $0.32 difference in value).
Between 2016 and 2024: Recreation commodities experienced an average inflation rate of -0.20% per year. In other words, recreation commodities costing $20 in the year 2016 would cost $19.68 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for recreation commodities was significantly lower.
In the year 2016: Pricing changed by -3.18%, which is below the average yearly change for recreation commodities during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for recreation commodities was much lower.
Below are calculations of equivalent buying power for Recreation commodities, 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 |
---|---|---|
2016 | $20.00 | -3.18% |
2017 | $19.35 | -3.27% |
2018 | $18.77 | -2.98% |
2019 | $18.62 | -0.80% |
2020 | $18.41 | -1.15% |
2021 | $18.89 | 2.63% |
2022 | $19.67 | 4.14% |
2023 | $19.93 | 1.31% |
2024 | $19.68 | -1.24%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Recreation commodities:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 98.699 | 96.814 | 95.200 | 93.496 | 91.182 | 88.643 | 85.828 | 83.021 | 80.547 | 79.905 | 78.989 | 81.063 | 84.421 | 85.527 | 84.465 |