According to the U.S. Bureau of Labor Statistics, prices for recreation are 52.19% higher in 2024 versus 1993 (a $6,523,923.09 difference in value).
Between 1993 and 2024: Recreation experienced an average inflation rate of 1.36% per year. In other words, recreation costing $12,500,000 in the year 1993 would cost $19,023,923.09 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for recreation was lower.
Below are calculations of equivalent buying power for Recreation, over time, for $12,500,000 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1993 | $12,500,000.00 | - |
1994 | $12,772,407.36 | 2.18% |
1995 | $13,025,735.61 | 1.98% |
1996 | $13,424,277.11 | 3.06% |
1997 | $13,728,483.00 | 2.27% |
1998 | $13,924,573.90 | 1.43% |
1999 | $14,049,648.10 | 0.90% |
2000 | $14,235,139.49 | 1.32% |
2001 | $14,455,609.26 | 1.55% |
2002 | $14,637,920.80 | 1.26% |
2003 | $14,815,992.54 | 1.22% |
2004 | $14,967,565.50 | 1.02% |
2005 | $15,068,260.83 | 0.67% |
2006 | $15,284,490.80 | 1.44% |
2007 | $15,356,164.67 | 0.47% |
2008 | $15,605,666.50 | 1.62% |
2009 | $15,745,993.39 | 0.90% |
2010 | $15,613,838.72 | -0.84% |
2011 | $15,619,912.24 | 0.04% |
2012 | $15,805,287.03 | 1.19% |
2013 | $15,882,928.43 | 0.49% |
2014 | $15,921,139.66 | 0.24% |
2015 | $15,975,981.51 | 0.34% |
2016 | $16,119,700.25 | 0.90% |
2017 | $16,329,072.33 | 1.30% |
2018 | $16,409,978.38 | 0.50% |
2019 | $16,620,028.83 | 1.28% |
2020 | $16,844,144.83 | 1.35% |
2021 | $17,248,950.65 | 2.40% |
2022 | $18,029,731.62 | 4.53% |
2023 | $18,754,430.59 | 4.02% |
2024 | $19,023,923.09 | 1.44%* |
* 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:
Year | 1993 | 1994 | 1995 | 1996 | 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 | 2023 | 2024 |
CPI | 90.715 | 92.692 | 94.531 | 97.423 | 99.631 | 101.054 | 101.962 | 103.308 | 104.908 | 106.231 | 107.523 | 108.623 | 109.354 | 110.923 | 111.443 | 113.254 | 114.272 | 113.313 | 113.357 | 114.703 | 115.266 | 115.543 | 115.941 | 116.984 | 118.504 | 119.091 | 120.615 | 122.242 | 125.180 | 130.846 | 136.105 | 138.061 |