Recreational reading materials price inflation, 2022→2023

Recreational Reading Materials Inflation Calculator

Prices for Recreational Reading Materials, 2022-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for recreational reading materials were 0.34% higher in 2023 versus 2022 (a $0.07 difference in value).

Between 2022 and 2023: Recreational reading materials experienced an average inflation rate of 0.34% per year. In other words, recreational reading materials costing $20 in the year 2022 would cost $20.07 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 4.12% during this same period, inflation for recreational reading materials was significantly lower.

In the year 2022: Pricing changed by 4%, which is significantly above the average yearly change for recreational reading materials during the 2022-2023 time period. Compared to inflation for all items in 2022 (8%), inflation for recreational reading materials was much lower.

Price Inflation for Recreational reading materials since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1980 (10.90%), 1981 (10.58%), and 1982 (9.84%).

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Buying power of $20.00 since 2022

Below are calculations of equivalent buying power for Recreational reading materials, 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	4.00%
2023	$20.07	0.34%
2024	$20.13	0.30%*

* 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 Recreational reading materials:

Year	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	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	63.300	65.138	70.046	77.685	85.900	94.354	101.177	104.477	110.685	115.615	119.492	124.277	129.531	136.154	144.715	150.862	156.200	161.331	168.115	176.408	179.008	184.123	186.100	188.285	191.438	195.769	197.508	201.177	203.915	205.338	207.330	211.981	220.277	220.671	219.613	223.884	231.969	236.675	240.685	240.665	241.549	246.308	255.569	266.970	273.690	284.650	285.616	286.474

Adjust recreational reading materials prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2022 * 2022 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Recreational reading materials was 284.650 in the year 2022 and 285.616 in 2023:

285.616 / 284.650 * $20 = $20.07

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2022 has the same "purchasing power" as $20.07 in 2023 (in the CPI category of Recreational reading materials).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Recreational reading materials in 1977. In addition to recreational reading materials, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.