Other lodging away from home including hotels and motels priced at $20 in 2000 $26.06 in 2018

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

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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.

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