According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 13.70% higher in 2018 versus 2012.
Between 2012 and 2018: Tenants' and household insurance experienced an average inflation rate of 2.16% per year. This rate of change indicates significant inflation. In other words, tenants' and household insurance costing $20 in the year 2012 would cost $22.74 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.38% during this same period, inflation for tenants' and household insurance was similar.
In the year 2012: Pricing changed by 3.06%, above the average yearly change for tenants' and household insurance during the 2012-2018 time period. Compared to inflation for all items in 2012 (2.07%), price inflation for tenants' and household insurance was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tenants' and household insurance: