According to the U.S. Bureau of Labor Statistics, prices for owners' equivalent rent of residences were 114.82% higher in 2018 versus 1990.
Between 1990 and 2018: Owners' equivalent rent of residences experienced an average inflation rate of 2.77% per year. This rate of change indicates significant inflation. In other words, owners' equivalent rent of residences costing $20 in the year 1990 would cost $42.96 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.32% during this same period, inflation for owners' equivalent rent of residences was similar.
In the year 1990: Pricing changed by 5.39%, above the average yearly change for owners' equivalent rent of residences during the 1990-2018 time period. Compared to inflation for all items in 1990 (5.40%), 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: