According to the U.S. Bureau of Labor Statistics, prices for recreation services are 17.32% higher in 2024 versus 2020 (a $3.46 difference in value).
Between 2020 and 2024: Recreation services experienced an average inflation rate of 4.07% per year. This rate of change indicates significant inflation. In other words, recreation services costing $20 in the year 2020 would cost $23.46 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for recreation services was lower.
In the year 2020: Pricing changed by 2.59%, which is below the average yearly change for recreation services during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for recreation services was higher.
Below are calculations of equivalent buying power for Recreation services, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2020 | $20.00 | 2.59% |
2021 | $20.46 | 2.28% |
2022 | $21.43 | 4.73% |
2023 | $22.69 | 5.91% |
2024 | $23.46 | 3.40%* |
* 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 services:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 101.065 | 102.454 | 105.587 | 107.599 | 109.560 | 111.808 | 115.134 | 119.115 | 121.622 | 124.370 | 127.591 | 130.506 | 136.684 | 144.768 | 149.690 |