According to the U.S. Bureau of Labor Statistics, prices for recreation are 23.83% higher in 2023 versus 2005 (a $1,072.48 difference in value).
Between 2005 and 2023: Recreation experienced an average inflation rate of 1.19% per year. In other words, recreation costing $4,500 in the year 2005 would cost $5,572.48 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.44% during this same period, inflation for recreation was lower.
In the year 2005: Pricing changed by 0.67%, which is below the average yearly change for recreation during the 2005-2023 time period. Compared to inflation for all items in 2005 (3.39%), inflation for recreation was lower.
Below are calculations of equivalent buying power for Recreation, over time, for $4,500 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2005 | $4,500.00 | 0.67% |
2006 | $4,564.58 | 1.44% |
2007 | $4,585.98 | 0.47% |
2008 | $4,660.49 | 1.62% |
2009 | $4,702.40 | 0.90% |
2010 | $4,662.93 | -0.84% |
2011 | $4,664.75 | 0.04% |
2012 | $4,720.11 | 1.19% |
2013 | $4,743.29 | 0.49% |
2014 | $4,754.70 | 0.24% |
2015 | $4,771.08 | 0.34% |
2016 | $4,814.00 | 0.90% |
2017 | $4,876.53 | 1.30% |
2018 | $4,900.69 | 0.50% |
2019 | $4,963.42 | 1.28% |
2020 | $5,030.35 | 1.35% |
2021 | $5,151.24 | 2.40% |
2022 | $5,384.42 | 4.53% |
2023 | $5,572.48 | 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 |