According to the U.S. Bureau of Labor Statistics, prices for recreation were 7.78% higher in 2021 versus 2014 (a $38.92 difference in value).
Between 2014 and 2021: Recreation experienced an average inflation rate of 1.08% per year. In other words, recreation costing $500 in the year 2014 would cost $538.92 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.83% during this same period, inflation for recreation was lower.
In the year 2014: Pricing changed by 0.24%, which is below the average yearly change for recreation during the 2014-2021 time period. Compared to inflation for all items in 2014 (1.62%), inflation for recreation was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Recreation:
Below are calculations of equivalent buying power for Recreation, over time, for $500 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|