According to the U.S. Bureau of Labor Statistics, prices for owners' equivalent rent of primary residence are 310.81% higher in 2024 versus 1982 (a $62.16 difference in value).
Between 1982 and 2024: Owners' equivalent rent of primary residence experienced an average inflation rate of 3.42% per year. This rate of change indicates significant inflation. In other words, owners' equivalent rent of primary residence costing $20 in the year 1982 would cost $82.16 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.85% during this same period, inflation for owners' equivalent rent of primary residence was higher.
Below are calculations of equivalent buying power for Owners' equivalent rent of primary residence, over time, for $20 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1982 | $20.00 | - |
| 1983 | $20.50 | 2.49% |
| 1984 | $21.46 | 4.70% |
| 1985 | $22.63 | 5.46% |
| 1986 | $23.88 | 5.50% |
| 1987 | $24.96 | 4.56% |
| 1988 | $26.22 | 5.05% |
| 1989 | $27.48 | 4.79% |
| 1990 | $28.96 | 5.39% |
| 1991 | $30.08 | 3.88% |
| 1992 | $31.10 | 3.39% |
| 1993 | $32.10 | 3.21% |
| 1994 | $33.16 | 3.28% |
| 1995 | $34.27 | 3.35% |
| 1996 | $35.36 | 3.18% |
| 1997 | $36.38 | 2.89% |
| 1998 | $37.56 | 3.25% |
| 1999 | $38.58 | 2.73% |
| 2000 | $39.73 | 2.97% |
| 2001 | $41.26 | 3.84% |
| 2002 | $42.94 | 4.08% |
| 2003 | $43.98 | 2.43% |
| 2004 | $44.98 | 2.27% |
| 2005 | $46.03 | 2.33% |
| 2006 | $47.64 | 3.49% |
| 2007 | $49.25 | 3.38% |
| 2008 | $50.49 | 2.51% |
| 2009 | $51.32 | 1.66% |
| 2010 | $51.32 | -0.01% |
| 2011 | $51.91 | 1.16% |
| 2012 | $52.96 | 2.03% |
| 2013 | $54.13 | 2.21% |
| 2014 | $55.56 | 2.64% |
| 2015 | $57.18 | 2.91% |
| 2016 | $59.07 | 3.30% |
| 2017 | $61.02 | 3.31% |
| 2018 | $63.03 | 3.30% |
| 2019 | $65.13 | 3.33% |
| 2020 | $66.96 | 2.81% |
| 2021 | $68.68 | 2.57% |
| 2022 | $72.63 | 5.74% |
| 2023 | $78.05 | 7.47% |
| 2024 | $82.16 | 5.26%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Owners' equivalent rent of primary residence:
| Year | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 102.492 | 107.308 | 113.162 | 119.385 | 124.823 | 131.123 | 137.400 | 144.800 | 150.423 | 155.523 | 160.515 | 165.785 | 171.331 | 176.777 | 181.892 | 187.800 | 192.923 | 198.662 | 206.285 | 214.700 | 219.923 | 224.923 | 230.154 | 238.177 | 246.235 | 252.426 | 256.610 | 256.578 | 259.553 | 264.813 | 270.661 | 277.808 | 285.889 | 295.329 | 305.092 | 315.162 | 325.669 | 334.808 | 343.419 | 363.125 | 390.266 | 410.810 |