Recreation price inflation, 1993→2023

Recreation Inflation Calculator

Prices for Recreation, 1993-2023 ($940,000)

According to the U.S. Bureau of Labor Statistics, prices for recreation are 49.28% higher in 2023 versus 1993 (a $463,191.32 difference in value).

Between 1993 and 2023: Recreation experienced an average inflation rate of 1.34% per year. In other words, recreation costing $940,000 in the year 1993 would cost $1,403,191.32 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.48% 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: 2022 (4.53%), 2023 (3.49%), and 1996 (3.06%).

View price changes for other categories
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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	$960,485.03	2.18%
1995	$979,535.32	1.98%
1996	$1,009,505.64	3.06%
1997	$1,032,381.92	2.27%
1998	$1,047,127.96	1.43%
1999	$1,056,533.54	0.90%
2000	$1,070,482.49	1.32%
2001	$1,087,061.82	1.55%
2002	$1,100,771.64	1.26%
2003	$1,114,162.64	1.22%
2004	$1,125,560.93	1.02%
2005	$1,133,133.21	0.67%
2006	$1,149,393.71	1.44%
2007	$1,154,783.58	0.47%
2008	$1,173,546.12	1.62%
2009	$1,184,098.70	0.90%
2010	$1,174,160.67	-0.84%
2011	$1,174,617.40	0.04%
2012	$1,188,557.59	1.19%
2013	$1,194,396.22	0.49%
2014	$1,197,269.70	0.24%
2015	$1,201,393.81	0.34%
2016	$1,212,201.46	0.90%
2017	$1,227,946.24	1.30%
2018	$1,234,030.37	0.50%
2019	$1,249,826.17	1.28%
2020	$1,266,679.69	1.35%
2021	$1,297,121.09	2.40%
2022	$1,355,835.82	4.53%
2023	$1,403,191.32	3.49%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.

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	2022	2023
CPI	90.715	92.692	94.531	97.423	99.631	101.054	101.962	103.308	104.908	106.231	107.523	108.623	109.354	110.923	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	125.180	130.846	135.416

Adjust recreation prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1993 * 1993 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Recreation was 90.715 in the year 1993 and 135.416 in 2023:

135.416 / 90.715 * $940,000 = $1,403,191.32

Therefore, according to U.S. Bureau of Labor Statistics, $940,000 in 1993 has the same "purchasing power" as $1,403,191.32 in 2023 (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.