Super Bowl Inflation

February 1, 2013 in Daily Bulletin

It’s Super Bowl weekend and Betty Liu and Dominic Chu looked at price inflation it was driving in New Orleans. Here’s what they found:

  • The normal average cost for a three day trip to New Orleans is $1,000.
  • During the Superbowl though that same trip will cost you $15,400.
  • The price of an average hotel has increased by 944% from $249 a night to $2,600 a night.
  • The price of a nonstop flight has increased 353% from $300 to $1,360.
  • Who would’ve thought that the car rental companies are the most reasonable of them all? The price of a rental car has ‘only’ increased 200% from $66 a day to $198 a day.

Source: Bloomberg TV