According to the U.S. Bureau of Labor Statistics, prices for recreation are 52.24% higher in 2024 versus 1993 (a $731,306.99 difference in value).
Between 1993 and 2024: Recreation experienced an average inflation rate of 1.36% per year. In other words, recreation costing $1,400,000 in the year 1993 would cost $2,131,306.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for recreation was lower.
Below are calculations of equivalent buying power for Recreation, over time, for $1,400,000 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 | $1,400,000.00 | - |
1994 | $1,430,509.62 | 2.18% |
1995 | $1,458,882.39 | 1.98% |
1996 | $1,503,519.04 | 3.06% |
1997 | $1,537,590.10 | 2.27% |
1998 | $1,559,552.28 | 1.43% |
1999 | $1,573,560.59 | 0.90% |
2000 | $1,594,335.62 | 1.32% |
2001 | $1,619,028.24 | 1.55% |
2002 | $1,639,447.13 | 1.26% |
2003 | $1,659,391.16 | 1.22% |
2004 | $1,676,367.34 | 1.02% |
2005 | $1,687,645.21 | 0.67% |
2006 | $1,711,862.97 | 1.44% |
2007 | $1,719,890.44 | 0.47% |
2008 | $1,747,834.65 | 1.62% |
2009 | $1,763,551.26 | 0.90% |
2010 | $1,748,749.94 | -0.84% |
2011 | $1,749,430.17 | 0.04% |
2012 | $1,770,192.15 | 1.19% |
2013 | $1,778,887.98 | 0.49% |
2014 | $1,783,167.64 | 0.24% |
2015 | $1,789,309.93 | 0.34% |
2016 | $1,805,406.43 | 0.90% |
2017 | $1,828,856.10 | 1.30% |
2018 | $1,837,917.58 | 0.50% |
2019 | $1,861,443.23 | 1.28% |
2020 | $1,886,544.22 | 1.35% |
2021 | $1,931,882.47 | 2.40% |
2022 | $2,019,329.94 | 4.53% |
2023 | $2,100,496.23 | 4.02% |
2024 | $2,131,306.99 | 1.47%* |
* 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 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 | 2023 | 2024 |
CPI | 90.715 | 92.692 | 94.531 | 97.423 | 99.631 | 101.054 | 101.962 | 103.308 | 104.908 | 106.231 | 107.523 | 108.623 | 109.354 | 110.923 | 111.443 | 113.254 | 114.272 | 113.313 | 113.357 | 114.703 | 115.266 | 115.543 | 115.941 | 116.984 | 118.504 | 119.091 | 120.615 | 122.242 | 125.180 | 130.846 | 136.105 | 138.102 |