According to the U.S. Bureau of Labor Statistics, prices for recreation were 34.73% higher in 2020 versus 1993 (a $270,868.04 difference in value).
Between 1993 and 2020: Recreation experienced an average inflation rate of 1.11% per year. In other words, recreation costing $780,000 in the year 1993 would cost $1,050,868.04 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.18% 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 |
CPI | 90.733 | 92.700 | 94.533 | 97.433 | 99.633 | 101.067 | 102.000 | 103.333 | 104.900 | 106.200 | 107.533 | 108.600 | 109.367 | 110.933 | 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 |
Below are calculations of equivalent buying power for Recreation, over time, for $780000 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 | $780,000.00 | - |
1994 | $796,906.69 | 2.17% |
1995 | $812,667.16 | 1.98% |
1996 | $837,597.35 | 3.07% |
1997 | $856,509.92 | 2.26% |
1998 | $868,831.74 | 1.44% |
1999 | $876,855.25 | 0.92% |
2000 | $888,317.41 | 1.31% |
2001 | $901,785.45 | 1.52% |
2002 | $912,961.06 | 1.24% |
2003 | $924,423.22 | 1.26% |
2004 | $933,592.95 | 0.99% |
2005 | $940,183.69 | 0.71% |
2006 | $953,651.73 | 1.43% |
2007 | $958,036.00 | 0.46% |
2008 | $973,601.62 | 1.62% |
2009 | $982,355.84 | 0.90% |
2010 | $974,111.68 | -0.84% |
2011 | $974,489.93 | 0.04% |
2012 | $986,058.12 | 1.19% |
2013 | $990,900.88 | 0.49% |
2014 | $993,282.15 | 0.24% |
2015 | $996,703.60 | 0.34% |
2016 | $1,005,669.88 | 0.90% |
2017 | $1,018,733.87 | 1.30% |
2018 | $1,023,780.09 | 0.50% |
2019 | $1,036,884.20 | 1.28% |
2020 | $1,050,868.04 | 1.35%* |