According to the U.S. Bureau of Labor Statistics, prices for owners' equivalent rent of residences were 12.81% lower in 2012 versus 2017.
Between 2012 and 2017: Owners' equivalent rent of residences experienced an average inflation rate of 2.78% per year. In other words, owners' equivalent rent of residences costing $20 in the year 2012 would cost $22.94 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.28% during this same period, owners' equivalent rent of residences inflation was similar.
In the year 2012: Pricing changed by 1.99%, below the average yearly change for owners' equivalent rent of residences during the 2012-2017 time period. Compared to overall inflation for all items in 2012 (2.03%), 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: