According to the U.S. Bureau of Labor Statistics, prices for recreation are 8.95% higher in 2022 versus 2018 (a $89.54 difference in value).
Between 2018 and 2022: Recreation experienced an average inflation rate of 2.17% per year. This rate of change indicates significant inflation. In other words, recreation costing $1,000 in the year 2018 would cost $1,089.54 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.62% during this same period, inflation for recreation was lower.
In the year 2018: Pricing changed by 0.49%, which is below the average yearly change for recreation during the 2018-2022 time period. Compared to inflation for all items in 2018 (2.44%), inflation for recreation was lower.
Below are calculations of equivalent buying power for Recreation, over time, for $1,000 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2018 | $1,000.00 | 0.49% |
2019 | $1,012.80 | 1.28% |
2020 | $1,026.49 | 1.35% |
2021 | $1,051.17 | 2.40% |
2022 | $1,089.54 | 3.65%* |
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 |
CPI | 90.842 | 92.808 | 94.658 | 97.567 | 99.767 | 101.050 | 101.933 | 103.292 | 104.900 | 106.225 | 107.500 | 108.633 | 109.358 | 110.917 | 111.442 | 113.254 | 114.274 | 113.317 | 113.361 | 114.707 | 115.270 | 115.545 | 115.944 | 116.982 | 118.498 | 119.083 | 120.607 | 122.237 | 125.176 | 129.745 |