Other lodging away from home including hotels and motels price history from 2000 through 2018

Historical Price Inflation for Other lodging away from home including hotels and motels

Amount

Start year

End year

See price inflation for:

Prices for Other Lodging Away From Home Including Hotels And Motels, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other lodging away from home including hotels and motels were 30.32% higher in 2018 versus 2000 (a $6.06 difference in value).

Between 2000 and 2018: Other lodging away from home including hotels and motels experienced an average inflation rate of 1.48% per year. In other words, other lodging away from home including hotels and motels costing $20 in the year 2000 would cost $26.06 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for other lodging away from home including hotels and motels was lower.

In the year 2000: Pricing changed by 4.66%, which is significantly above the average yearly change for other lodging away from home including hotels and motels during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for other lodging away from home including hotels and motels was higher.

Price Inflation for Other lodging away from home including hotels and motels since 1967

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

Years with the largest changes in pricing: 1979 (15.25%), 1980 (14.19%), and 1991 (14.06%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other lodging away from home including hotels and motels:

Year	1967	1968	1969	1970	1971	1972	1973	1974	1975	1976	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
CPI	27.000	28.750	30.992	33.750	35.083	35.833	37.408	40.192	43.150	46.700	50.508	57.583	66.367	75.783	84.417	94.208	98.983	106.708	114.217	118.542	125.867	133.167	138.625	152.675	174.142	184.242	189.450	195.117	203.100	213.667	224.125	234.525	241.183	252.433	253.925	251.358	252.292	265.325	274.125	285.533	299.754	300.744	279.264	280.424	287.487	292.546	294.816	307.848	317.541	325.411	327.252	328.981

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Other lodging away from home including hotels and motels, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2000	$20.00	4.66%
2001	$20.12	0.59%
2002	$19.91	-1.01%
2003	$19.99	0.37%
2004	$21.02	5.17%
2005	$21.72	3.32%
2006	$22.62	4.16%
2007	$23.75	4.98%
2008	$23.83	0.33%
2009	$22.13	-7.14%
2010	$22.22	0.42%
2011	$22.78	2.52%
2012	$23.18	1.76%
2013	$23.36	0.78%
2014	$24.39	4.42%
2015	$25.16	3.15%
2016	$25.78	2.48%
2017	$25.93	0.57%
2018	$26.06	0.53%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other lodging away from home including hotels and motels, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Other lodging away from home including hotels and motels was 252.433 in the year 2000 and 328.981 in 2018:

328.981 / 252.433 * $20 = $26.06

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $26.06 in 2018 (in the CPI category of Other lodging away from home including hotels and motels).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other lodging away from home including hotels and motels in 1967. In addition to other lodging away from home including hotels and motels, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.