According to the U.S. Bureau of Labor Statistics, prices for recreation are 42.83% higher in 2022 versus 1993 (a $6,423.89 difference in value).
Between 1993 and 2022: Recreation experienced an average inflation rate of 1.24% per year. In other words, recreation costing $15,000 in the year 1993 would cost $21,423.89 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.43% during this same period, inflation for recreation was lower.
Below are calculations of equivalent buying power for Recreation, over time, for $15,000 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1993 | $15,000.00 | - |
1994 | $15,324.74 | 2.16% |
1995 | $15,630.22 | 1.99% |
1996 | $16,110.45 | 3.07% |
1997 | $16,473.72 | 2.25% |
1998 | $16,685.63 | 1.29% |
1999 | $16,831.48 | 0.87% |
2000 | $17,055.77 | 1.33% |
2001 | $17,321.35 | 1.56% |
2002 | $17,540.13 | 1.26% |
2003 | $17,750.67 | 1.20% |
2004 | $17,937.80 | 1.05% |
2005 | $18,057.52 | 0.67% |
2006 | $18,314.83 | 1.42% |
2007 | $18,401.63 | 0.47% |
2008 | $18,700.74 | 1.63% |
2009 | $18,869.16 | 0.90% |
2010 | $18,711.18 | -0.84% |
2011 | $18,718.42 | 0.04% |
2012 | $18,940.62 | 1.19% |
2013 | $19,033.58 | 0.49% |
2014 | $19,079.06 | 0.24% |
2015 | $19,144.93 | 0.35% |
2016 | $19,316.29 | 0.90% |
2017 | $19,566.63 | 1.30% |
2018 | $19,663.22 | 0.49% |
2019 | $19,914.94 | 1.28% |
2020 | $20,184.14 | 1.35% |
2021 | $20,669.45 | 2.40% |
2022 | $21,423.89 | 3.65%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Recreation:
Year | 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 | 2019 | 2020 | 2021 | 2022 |
CPI | 90.842 | 92.808 | 94.658 | 97.567 | 99.767 | 101.050 | 101.933 | 103.292 | 104.900 | 106.225 | 107.500 | 108.633 | 109.358 | 110.917 | 111.442 | 113.254 | 114.274 | 113.317 | 113.361 | 114.707 | 115.270 | 115.545 | 115.944 | 116.982 | 118.498 | 119.083 | 120.607 | 122.237 | 125.176 | 129.745 |