Owners' equivalent rent of primary residence priced at $20 in 2012 $24.23 in 2019

Historical Price Inflation for Owners' equivalent rent of primary residence

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Prices for Owners' Equivalent Rent Of Primary Residence, 2012-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for owners' equivalent rent of primary residence were 21.14% higher in 2019 versus 2012 (a $4.23 difference in value).

Between 2012 and 2019: Owners' equivalent rent of primary residence experienced an average inflation rate of 2.78% per year. This rate of change indicates significant inflation. In other words, owners' equivalent rent of primary residence costing $20 in the year 2012 would cost $24.23 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.32% during this same period, inflation for owners' equivalent rent of primary residence was higher.

In the year 2012: Pricing changed by 2.03%, which is below the average yearly change for owners' equivalent rent of primary residence during the 2012-2019 time period. Compared to inflation for all items in 2012 (2.07%), inflation for owners' equivalent rent of primary residence was lower.

Price Inflation for Owners' equivalent rent of primary residence since 1982

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1986 (5.50%), 1985 (5.46%), and 1990 (5.39%).

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
CPI 100.000 102.492 107.308 113.162 119.385 124.823 131.123 137.400 144.800 150.423 155.523 160.515 165.785 171.331 176.777 181.892 187.800 192.923 198.662 206.285 214.700 219.923 224.923 230.154 238.177 246.235 252.426 256.610 256.578 259.553 264.813 270.661 277.808 285.889 295.329 305.092 315.162 320.805

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Buying power of $20 since 2012

Below are calculations of equivalent buying power for Owners' equivalent rent of primary residence, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2012 $20.00 2.03%
2013 $20.44 2.21%
2014 $20.98 2.64%
2015 $21.59 2.91%
2016 $22.30 3.30%
2017 $23.04 3.31%
2018 $23.80 3.30%
2019 $24.23 1.79%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for owners' equivalent rent of primary residence, 2012-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2012 * 2012 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Owners' equivalent rent of primary residence was 264.813 in the year 2012 and 320.805 in 2019:

320.805 / 264.813 * $20 = $24.23

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2012 has the same "purchasing power" as $24.23 in 2019 (in the CPI category of Owners' equivalent rent of primary residence).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Owners' equivalent rent of primary residence in 1982. In addition to owners' equivalent rent of primary residence, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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