According to the U.S. Bureau of Labor Statistics, prices for recreation are 30% higher in 2024 versus 2002 (a $5,700,298.09 difference in value).
Between 2002 and 2024: Recreation experienced an average inflation rate of 1.20% per year. In other words, recreation costing $19,000,000 in the year 2002 would cost $24,700,298.09 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for recreation was lower.
In the year 2002: Pricing changed by 1.26%, which is above the average yearly change for recreation during the 2002-2024 time period. Compared to inflation for all items in 2002 (1.59%), inflation for recreation was lower.
Below are calculations of equivalent buying power for Recreation, over time, for $19,000,000 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2002 | $19,000,000.00 | 1.26% |
2003 | $19,231,136.86 | 1.22% |
2004 | $19,427,878.35 | 1.02% |
2005 | $19,558,580.74 | 0.67% |
2006 | $19,839,246.92 | 1.44% |
2007 | $19,932,279.51 | 0.47% |
2008 | $20,256,132.51 | 1.62% |
2009 | $20,438,276.61 | 0.90% |
2010 | $20,266,740.04 | -0.84% |
2011 | $20,274,623.46 | 0.04% |
2012 | $20,515,239.68 | 1.19% |
2013 | $20,616,018.10 | 0.49% |
2014 | $20,665,616.22 | 0.24% |
2015 | $20,736,800.87 | 0.34% |
2016 | $20,923,347.57 | 0.90% |
2017 | $21,195,112.24 | 1.30% |
2018 | $21,300,128.17 | 0.50% |
2019 | $21,572,773.35 | 1.28% |
2020 | $21,863,675.60 | 1.35% |
2021 | $22,389,112.96 | 2.40% |
2022 | $23,402,565.53 | 4.53% |
2023 | $24,343,223.75 | 4.02% |
2024 | $24,700,298.09 | 1.47%* |
* 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 | 2024 |
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 | 136.105 | 138.102 |