According to the U.S. Bureau of Labor Statistics, prices for rent of shelter are 317.21% higher in 2024 versus 1982 (a $63.44 difference in value).
Between 1982 and 2024: Rent of shelter experienced an average inflation rate of 3.46% per year. This rate of change indicates significant inflation. In other words, rent of shelter costing $20 in the year 1982 would cost $83.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.84% during this same period, inflation for rent of shelter was higher.
Below are calculations of equivalent buying power for Rent of shelter, 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 | $20.53 | 2.65% |
1984 | $21.55 | 4.95% |
1985 | $22.78 | 5.72% |
1986 | $24.05 | 5.56% |
1987 | $25.18 | 4.72% |
1988 | $26.40 | 4.83% |
1989 | $27.60 | 4.56% |
1990 | $29.11 | 5.46% |
1991 | $30.43 | 4.54% |
1992 | $31.46 | 3.39% |
1993 | $32.40 | 3.00% |
1994 | $33.40 | 3.09% |
1995 | $34.48 | 3.22% |
1996 | $35.60 | 3.23% |
1997 | $36.68 | 3.05% |
1998 | $37.91 | 3.36% |
1999 | $38.99 | 2.84% |
2000 | $40.26 | 3.26% |
2001 | $41.77 | 3.75% |
2002 | $43.34 | 3.76% |
2003 | $44.37 | 2.38% |
2004 | $45.58 | 2.72% |
2005 | $46.75 | 2.56% |
2006 | $48.38 | 3.49% |
2007 | $50.16 | 3.69% |
2008 | $51.43 | 2.53% |
2009 | $51.98 | 1.08% |
2010 | $51.76 | -0.42% |
2011 | $52.44 | 1.31% |
2012 | $53.57 | 2.15% |
2013 | $54.81 | 2.31% |
2014 | $56.35 | 2.81% |
2015 | $58.08 | 3.06% |
2016 | $60.06 | 3.41% |
2017 | $62.07 | 3.35% |
2018 | $64.14 | 3.33% |
2019 | $66.32 | 3.41% |
2020 | $67.98 | 2.50% |
2021 | $69.81 | 2.70% |
2022 | $73.96 | 5.95% |
2023 | $79.52 | 7.52% |
2024 | $83.44 | 4.93%* |
* 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 Rent of shelter:
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 | 102.654 | 107.738 | 113.900 | 120.231 | 125.900 | 131.977 | 138.000 | 145.531 | 152.131 | 157.292 | 162.015 | 167.023 | 172.400 | 177.977 | 183.408 | 189.569 | 194.962 | 201.308 | 208.854 | 216.715 | 221.869 | 227.900 | 233.738 | 241.892 | 250.813 | 257.152 | 259.924 | 258.823 | 262.208 | 267.848 | 274.046 | 281.754 | 290.384 | 300.281 | 310.336 | 320.676 | 331.605 | 339.881 | 349.054 | 369.807 | 397.612 | 417.207 |