Tenants' and household insurance priced at $20 in 2006 $27.16 in 2024

Tenants' And Household Insurance Inflation Calculator

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Prices for Tenants' And Household Insurance, 2006-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance are 35.81% higher in 2024 versus 2006 (a $7.16 difference in value).

Between 2006 and 2024: Tenants' and household insurance experienced an average inflation rate of 1.72% per year. In other words, tenants' and household insurance costing $20 in the year 2006 would cost $27.16 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for tenants' and household insurance was lower.

In the year 2006: Pricing changed by -0.92%, which is below the average yearly change for tenants' and household insurance during the 2006-2024 time period. Compared to inflation for all items in 2006 (3.23%), inflation for tenants' and household insurance was much lower.

Price Inflation for Tenants' and household insurance since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2003 (5.60%), 2014 (4.80%), and 2010 (3.45%).

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Buying power of $20.00 since 2006

Below are calculations of equivalent buying power for Tenants' and household insurance, over time, for $20 beginning in 2006. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2006$20.00-0.92%
2007$20.090.45%
2008$20.401.57%
2009$20.862.22%
2010$21.583.45%
2011$21.871.35%
2012$22.543.06%
2013$23.243.12%
2014$24.364.80%
2015$25.143.20%
2016$25.370.91%
2017$25.550.71%
2018$25.881.30%
2019$26.060.68%
2020$25.94-0.45%
2021$25.87-0.25%
2022$25.85-0.10%
2023$26.311.81%
2024$27.163.22%*

* 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:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.00099.762101.338103.669106.231108.708114.800116.215117.562116.485117.004118.843121.487125.682127.379131.271135.372141.867146.409147.747148.799150.734151.763151.075150.694150.539153.264158.199

Adjust tenants' and household insurance prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2006 * 2006 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Tenants' and household insurance was 116.485 in the year 2006 and 158.199 in 2024:

158.199 / 116.485 * $20 = $27.16

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2006 has the same "purchasing power" as $27.16 in 2024 (in the CPI category of Tenants' and household insurance).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Tenants' and household insurance in 1997. In addition to tenants' and household insurance, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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