According to the U.S. Bureau of Labor Statistics, prices for recreation were 34.73% higher in 2020 versus 1993 (a $163,215.36 difference in value).
Between 1993 and 2020: Recreation experienced an average inflation rate of 1.11% per year. In other words, recreation costing $470,000 in the year 1993 would cost $633,215.36 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 $470000 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 | $470,000.00 | - |
1994 | $480,187.36 | 2.17% |
1995 | $489,684.06 | 1.98% |
1996 | $504,706.10 | 3.07% |
1997 | $516,102.13 | 2.26% |
1998 | $523,526.82 | 1.44% |
1999 | $528,361.50 | 0.92% |
2000 | $535,268.19 | 1.31% |
2001 | $543,383.54 | 1.52% |
2002 | $550,117.56 | 1.24% |
2003 | $557,024.25 | 1.26% |
2004 | $562,549.60 | 0.99% |
2005 | $566,520.94 | 0.71% |
2006 | $574,636.30 | 1.43% |
2007 | $577,278.10 | 0.46% |
2008 | $586,657.38 | 1.62% |
2009 | $591,932.37 | 0.90% |
2010 | $586,964.73 | -0.84% |
2011 | $587,192.65 | 0.04% |
2012 | $594,163.23 | 1.19% |
2013 | $597,081.30 | 0.49% |
2014 | $598,516.16 | 0.24% |
2015 | $600,577.81 | 0.34% |
2016 | $605,980.57 | 0.90% |
2017 | $613,852.46 | 1.30% |
2018 | $616,893.13 | 0.50% |
2019 | $624,789.20 | 1.28% |
2020 | $633,215.36 | 1.35%* |