According to the U.S. Bureau of Labor Statistics, prices for recreation were 34.73% higher in 2020 versus 1993 (a $2,257.23 difference in value).
Between 1993 and 2020: Recreation experienced an average inflation rate of 1.11% per year. In other words, recreation costing $6,500 in the year 1993 would cost $8,757.23 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 $6500 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 | $6,500.00 | - |
1994 | $6,640.89 | 2.17% |
1995 | $6,772.23 | 1.98% |
1996 | $6,979.98 | 3.07% |
1997 | $7,137.58 | 2.26% |
1998 | $7,240.26 | 1.44% |
1999 | $7,307.13 | 0.92% |
2000 | $7,402.65 | 1.31% |
2001 | $7,514.88 | 1.52% |
2002 | $7,608.01 | 1.24% |
2003 | $7,703.53 | 1.26% |
2004 | $7,779.94 | 0.99% |
2005 | $7,834.86 | 0.71% |
2006 | $7,947.10 | 1.43% |
2007 | $7,983.63 | 0.46% |
2008 | $8,113.35 | 1.62% |
2009 | $8,186.30 | 0.90% |
2010 | $8,117.60 | -0.84% |
2011 | $8,120.75 | 0.04% |
2012 | $8,217.15 | 1.19% |
2013 | $8,257.51 | 0.49% |
2014 | $8,277.35 | 0.24% |
2015 | $8,305.86 | 0.34% |
2016 | $8,380.58 | 0.90% |
2017 | $8,489.45 | 1.30% |
2018 | $8,531.50 | 0.50% |
2019 | $8,640.70 | 1.28% |
2020 | $8,757.23 | 1.35%* |