According to the U.S. Bureau of Labor Statistics, prices for recreational reading materials were 7.85% higher in 2020 versus 2018 (a $1.57 difference in value).
Between 2018 and 2020: Recreational reading materials experienced an average inflation rate of 3.85% per year. This rate of change indicates significant inflation. In other words, recreational reading materials costing $20 in the year 2018 would cost $21.57 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for recreational reading materials was higher.
In the year 2018: Pricing changed by 1.97%, which is below the average yearly change for recreational reading materials during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for recreational reading materials was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Recreational reading materials:
Below are calculations of equivalent buying power for Recreational reading materials, over time, for $20 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|