According to the U.S. Bureau of Labor Statistics, prices for recreation were 35.12% higher in 2021 versus 1993 (a $1,896.58 difference in value).
Between 1993 and 2021: Recreation experienced an average inflation rate of 1.08% per year. In other words, recreation costing $5,400 in the year 1993 would cost $7,296.58 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.17% during this same period, inflation for recreation was lower.
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 |
CPI | 90.842 | 92.808 | 94.658 | 97.567 | 99.767 | 101.050 | 101.933 | 103.292 | 104.900 | 106.225 | 107.500 | 108.633 | 109.358 | 110.917 | 111.442 | 113.254 | 114.274 | 113.317 | 113.361 | 114.706 | 115.269 | 115.545 | 115.944 | 116.982 | 118.499 | 119.086 | 120.611 | 122.241 | 122.747 |
Below are calculations of equivalent buying power for Recreation, over time, for $5400 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 | $5,400.00 | - |
1994 | $5,516.91 | 2.16% |
1995 | $5,626.88 | 1.99% |
1996 | $5,799.76 | 3.07% |
1997 | $5,930.54 | 2.25% |
1998 | $6,006.83 | 1.29% |
1999 | $6,059.33 | 0.87% |
2000 | $6,140.08 | 1.33% |
2001 | $6,235.68 | 1.56% |
2002 | $6,314.45 | 1.26% |
2003 | $6,390.24 | 1.20% |
2004 | $6,457.61 | 1.05% |
2005 | $6,500.71 | 0.67% |
2006 | $6,593.34 | 1.42% |
2007 | $6,624.59 | 0.47% |
2008 | $6,732.27 | 1.63% |
2009 | $6,792.90 | 0.90% |
2010 | $6,736.03 | -0.84% |
2011 | $6,738.63 | 0.04% |
2012 | $6,818.62 | 1.19% |
2013 | $6,852.09 | 0.49% |
2014 | $6,868.46 | 0.24% |
2015 | $6,892.18 | 0.35% |
2016 | $6,953.86 | 0.90% |
2017 | $7,044.08 | 1.30% |
2018 | $7,078.96 | 0.50% |
2019 | $7,169.64 | 1.28% |
2020 | $7,266.50 | 1.35% |
2021 | $7,296.58 | 0.41%* |