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.
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 |