According to the U.S. Bureau of Labor Statistics, prices for owners' equivalent rent of residences were 34.60% lower in 2000 versus 2017.
Owners' equivalent rent of residences experienced an average inflation rate of 2.53% per year between 2000 and 2017. In other words, owners' equivalent rent of residences costing $20 in the year 2000 would cost $30.58 in 2017 for an equivalent purchase.
Pricing changed by 2.89% in 2000, above the yearly average change for owners' equivalent rent of residences during the 2000-2017 time period. Compared to overall inflation for all items in 2000 (3.27%), price inflation for owners' equivalent rent of residences was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Owners' equivalent rent of residences: