According to the U.S. Bureau of Labor Statistics, prices for recreation are 49.75% higher in 2023 versus 1993 (a $154,215.04 difference in value).
Between 1993 and 2023: Recreation experienced an average inflation rate of 1.36% per year. In other words, recreation costing $310,000 in the year 1993 would cost $464,215.04 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for recreation was lower.
Below are calculations of equivalent buying power for Recreation, over time, for $310,000 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 | $310,000.00 | - |
1994 | $316,755.70 | 2.18% |
1995 | $323,038.24 | 1.98% |
1996 | $332,922.07 | 3.06% |
1997 | $340,466.38 | 2.27% |
1998 | $345,329.43 | 1.43% |
1999 | $348,431.27 | 0.90% |
2000 | $353,031.46 | 1.32% |
2001 | $358,499.11 | 1.55% |
2002 | $363,020.44 | 1.26% |
2003 | $367,436.61 | 1.22% |
2004 | $371,195.62 | 1.02% |
2005 | $373,692.87 | 0.67% |
2006 | $379,055.37 | 1.44% |
2007 | $380,832.88 | 0.47% |
2008 | $387,020.53 | 1.62% |
2009 | $390,500.64 | 0.90% |
2010 | $387,223.20 | -0.84% |
2011 | $387,373.82 | 0.04% |
2012 | $391,971.12 | 1.19% |
2013 | $393,896.63 | 0.49% |
2014 | $394,844.26 | 0.24% |
2015 | $396,204.34 | 0.34% |
2016 | $399,768.57 | 0.90% |
2017 | $404,960.99 | 1.30% |
2018 | $406,967.46 | 0.50% |
2019 | $412,176.72 | 1.28% |
2020 | $417,734.79 | 1.35% |
2021 | $427,773.98 | 2.40% |
2022 | $447,137.34 | 4.53% |
2023 | $464,215.04 | 3.82%* |
* 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 |
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 | 135.843 |