Cost of Golf vs Inflation

In a 2021 survey of public golf course operators, 67% reported some kind of pricing adjustment that impacted their average playing fee, whether it's raising peak or non-peak rates, adjusting or limiting discounting, or stretching/shifting their peak season. Across all U.S. public golf facilities, the peak rate increased by about 3% in 2021. This, however, is below the one-year inflation rate of about 5%. Public golf fee increases (compound annual growth rate) over the past five and 10 years have also been lower than the national inflation rate.