Recreation priced at $1,200,000 in 2020 $1,333,520.85 in 2023

Recreation Inflation Calculator


Prices for Recreation, 2020-2023 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices for recreation are 11.13% higher in 2023 versus 2020 (a $133,520.85 difference in value).

Between 2020 and 2023: Recreation experienced an average inflation rate of 3.58% per year. This rate of change indicates significant inflation. In other words, recreation costing $1,200,000 in the year 2020 would cost $1,333,520.85 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 5.44% during this same period, inflation for recreation was lower.

In the year 2020: Pricing changed by 1.35%, which is below the average yearly change for recreation during the 2020-2023 time period. Compared to inflation for all items in 2020 (1.23%), inflation for recreation was higher.

Price Inflation for Recreation since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (4.53%), 2023 (3.82%), and 1996 (3.06%).

View price changes for other categories
Film and photographic supplies · Airline fares · Chicago, Illinois · Public transportation · More

Buying power of $1,200,000.00 since 2020

Below are calculations of equivalent buying power for Recreation, over time, for $1,200,000 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust recreation prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2020 * 2020 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Recreation was 122.242 in the year 2020 and 135.843 in 2023:

135.843 / 122.242 * $1,200,000 = $1,333,520.85

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 2020 has the same "purchasing power" as $1,333,520.85 in 2023 (in the CPI category of Recreation).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Recreation in 1993. In addition to recreation, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.