According to the U.S. Bureau of Labor Statistics, prices for recreation are 5.56% higher in 2024 versus 2022 (a $1.11 difference in value).
Between 2022 and 2024: Recreation experienced an average inflation rate of 2.74% per year. This rate of change indicates significant inflation. In other words, recreation costing $20 in the year 2022 would cost $21.11 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for recreation was lower.
In the year 2022: Pricing changed by 4.53%, which is above the average yearly change for recreation during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for recreation was much lower.
Below are calculations of equivalent buying power for Recreation, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2022 | $20.00 | 4.53% |
2023 | $20.80 | 4.02% |
2024 | $21.11 | 1.48%* |
* 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 | 138.121 |