According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance are 56.02% higher in 2024 versus 1999 (a $11.20 difference in value).
Between 1999 and 2024: Tenants' and household insurance experienced an average inflation rate of 1.80% per year. In other words, tenants' and household insurance costing $20 in the year 1999 would cost $31.20 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for tenants' and household insurance was lower.
In the year 1999: Pricing changed by 1.58%, which is below the average yearly change for tenants' and household insurance during the 1999-2024 time period. Compared to inflation for all items in 1999 (2.19%), inflation for tenants' and household insurance was lower.
Below are calculations of equivalent buying power for Tenants' and household insurance, over time, for $20 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1999 | $20.00 | 1.58% |
2000 | $20.46 | 2.30% |
2001 | $20.97 | 2.47% |
2002 | $21.45 | 2.33% |
2003 | $22.66 | 5.60% |
2004 | $22.94 | 1.23% |
2005 | $23.20 | 1.16% |
2006 | $22.99 | -0.92% |
2007 | $23.09 | 0.45% |
2008 | $23.45 | 1.57% |
2009 | $23.98 | 2.22% |
2010 | $24.80 | 3.45% |
2011 | $25.14 | 1.35% |
2012 | $25.91 | 3.06% |
2013 | $26.72 | 3.12% |
2014 | $28.00 | 4.80% |
2015 | $28.90 | 3.20% |
2016 | $29.16 | 0.91% |
2017 | $29.37 | 0.71% |
2018 | $29.75 | 1.30% |
2019 | $29.95 | 0.68% |
2020 | $29.82 | -0.45% |
2021 | $29.74 | -0.25% |
2022 | $29.71 | -0.10% |
2023 | $30.25 | 1.81% |
2024 | $31.20 | 3.16%* |
* 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 Tenants' and household insurance:
Year | 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 | 100.000 | 99.762 | 101.338 | 103.669 | 106.231 | 108.708 | 114.800 | 116.215 | 117.562 | 116.485 | 117.004 | 118.843 | 121.487 | 125.682 | 127.379 | 131.271 | 135.372 | 141.867 | 146.409 | 147.747 | 148.799 | 150.734 | 151.763 | 151.075 | 150.694 | 150.539 | 153.264 | 158.105 |