According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 10.45% higher in 2018 versus 2013.
Between 2013 and 2018: Tenants' and household insurance experienced an average inflation rate of 2.01% per year. This rate of change indicates significant inflation. In other words, tenants' and household insurance costing $20 in the year 2013 would cost $22.09 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.40% during this same period, inflation for tenants' and household insurance was similar.
In the year 2013: Pricing changed by 3.12%, above the average yearly change for tenants' and household insurance during the 2013-2018 time period. Compared to inflation for all items in 2013 (1.46%), 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: