According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 40.50% higher in 2018 versus 2001.
Between 2001 and 2018: Tenants' and household insurance experienced an average inflation rate of 2.02% per year. This rate of change indicates significant inflation. In other words, tenants' and household insurance costing $20 in the year 2001 would cost $28.10 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.03% during this same period, inflation for tenants' and household insurance was lower.
In the year 2001: Pricing changed by 2.47%, above the average yearly change for tenants' and household insurance during the 2001-2018 time period. Compared to inflation for all items in 2001 (2.83%), price inflation for tenants' and household insurance was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tenants' and household insurance: