Recreation price inflation, 1993→2021

Recreation Inflation Calculator

Prices for Recreation, 1993-2021 ($940,000)

According to the U.S. Bureau of Labor Statistics, prices for recreation are 37.80% higher in 2021 versus 1993 (a $355,307.24 difference in value).

Between 1993 and 2021: Recreation experienced an average inflation rate of 1.15% per year. In other words, recreation costing $940,000 in the year 1993 would cost $1,295,307.24 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.27% during this same period, inflation for recreation was lower.

Price Inflation for Recreation since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1996 (3.07%), 2021 (2.40%), and 1997 (2.25%).

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Buying power of $940,000.00 since 1993

Below are calculations of equivalent buying power for Recreation, over time, for $940,000 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	$940,000.00	-
1994	$960,350.43	2.16%
1995	$979,493.62	1.99%
1996	$1,009,588.11	3.07%
1997	$1,032,353.00	2.25%
1998	$1,045,632.51	1.29%
1999	$1,054,772.96	0.87%
2000	$1,068,828.55	1.33%
2001	$1,085,471.06	1.56%
2002	$1,099,181.73	1.26%
2003	$1,112,375.01	1.20%
2004	$1,124,102.38	1.05%
2005	$1,131,604.44	0.67%
2006	$1,147,729.57	1.42%
2007	$1,153,168.99	0.47%
2008	$1,171,912.94	1.63%
2009	$1,182,467.57	0.90%
2010	$1,172,567.43	-0.84%
2011	$1,173,021.01	0.04%
2012	$1,186,945.53	1.19%
2013	$1,192,771.27	0.49%
2014	$1,195,621.19	0.24%
2015	$1,199,749.05	0.35%
2016	$1,210,487.35	0.90%
2017	$1,226,191.67	1.30%
2018	$1,232,263.17	0.50%
2019	$1,248,047.68	1.28%
2020	$1,264,909.22	1.35%
2021	$1,295,307.24	2.40%*

* Not final. See inflation summary for latest details.

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	115.270	115.545	115.944	116.982	118.499	119.086	120.611	122.241	125.179

Adjust recreation prices for inflation

Start with the inflation rate formula:

CPI in 2021 / CPI in 1993 * 1993 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Recreation was 90.842 in the year 1993 and 125.179 in 2021:

125.179 / 90.842 * $940,000 = $1,295,307.24

Therefore, according to U.S. Bureau of Labor Statistics, $940,000 in 1993 has the same "purchasing power" as $1,295,307.24 in 2021 (in the CPI category of Recreation).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Recreation in 1993. In addition to recreation, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.