According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance are 1.06% higher in 2022 versus 2017 (a $0.21 difference in value).
Between 2017 and 2022: Tenants' and household insurance experienced an average inflation rate of 0.21% per year. In other words, tenants' and household insurance costing $20 in the year 2017 would cost $20.21 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for tenants' and household insurance was significantly lower.
In the year 2017: Pricing changed by 0.71%, which is above the average yearly change for tenants' and household insurance during the 2017-2022 time period. Compared to inflation for all items in 2017 (2.13%), 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 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2017 | $20.00 | 0.71% |
| 2018 | $20.26 | 1.30% |
| 2019 | $20.40 | 0.68% |
| 2020 | $20.31 | -0.45% |
| 2021 | $20.25 | -0.25% |
| 2022 | $20.21 | -0.21%* |
* 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 |
| 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 | 150.383 |