According to the U.S. Bureau of Labor Statistics, prices for recreation were 10.19% higher in 2020 versus 2006 (a $1,223,293.27 difference in value).
Between 2006 and 2020: Recreation experienced an average inflation rate of 0.70% per year. In other words, recreation costing $12,000,000 in the year 2006 would cost $13,223,293.27 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.80% during this same period, inflation for recreation was lower.
In the year 2006: Pricing changed by 1.43%, which is above the average yearly change for recreation during the 2006-2020 time period. Compared to inflation for all items in 2006 (3.23%), inflation for recreation was lower.
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 |
CPI | 90.733 | 92.700 | 94.533 | 97.433 | 99.633 | 101.067 | 102.000 | 103.333 | 104.900 | 106.200 | 107.533 | 108.600 | 109.367 | 110.933 | 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 |
Below are calculations of equivalent buying power for Recreation, over time, for $12000000 beginning in 2006. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2006 | $12,000,000.00 | 1.43% |
2007 | $12,055,168.27 | 0.46% |
2008 | $12,251,033.65 | 1.62% |
2009 | $12,361,189.90 | 0.90% |
2010 | $12,257,451.92 | -0.84% |
2011 | $12,262,211.54 | 0.04% |
2012 | $12,407,776.44 | 1.19% |
2013 | $12,468,713.94 | 0.49% |
2014 | $12,498,677.88 | 0.24% |
2015 | $12,541,730.77 | 0.34% |
2016 | $12,654,555.29 | 0.90% |
2017 | $12,818,942.31 | 1.30% |
2018 | $12,882,439.90 | 0.50% |
2019 | $13,047,331.73 | 1.28% |
2020 | $13,223,293.27 | 1.35%* |