According to the U.S. Bureau of Labor Statistics, prices for recreation are 18.64% higher in 2022 versus 2005 (a $3,728.49 difference in value).
Between 2005 and 2022: Recreation experienced an average inflation rate of 1.01% per year. In other words, recreation costing $20,000 in the year 2005 would cost $23,728.49 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.34% during this same period, inflation for recreation was lower.
In the year 2005: Pricing changed by 0.67%, which is below the average yearly change for recreation during the 2005-2022 time period. Compared to inflation for all items in 2005 (3.39%), inflation for recreation was lower.
Below are calculations of equivalent buying power for Recreation, over time, for $20,000 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2005 | $20,000.00 | 0.67% |
2006 | $20,285.00 | 1.42% |
2007 | $20,381.13 | 0.47% |
2008 | $20,712.41 | 1.63% |
2009 | $20,898.96 | 0.90% |
2010 | $20,723.98 | -0.84% |
2011 | $20,732.00 | 0.04% |
2012 | $20,978.10 | 1.19% |
2013 | $21,081.06 | 0.49% |
2014 | $21,131.43 | 0.24% |
2015 | $21,204.39 | 0.35% |
2016 | $21,394.18 | 0.90% |
2017 | $21,671.45 | 1.30% |
2018 | $21,778.43 | 0.49% |
2019 | $22,057.23 | 1.28% |
2020 | $22,355.39 | 1.35% |
2021 | $22,892.91 | 2.40% |
2022 | $23,728.49 | 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 |