According to the U.S. Bureau of Labor Statistics, prices for owners' equivalent rent of residences were 10.89% lower in 2013 versus 2017.
Between 2013 and 2017: Owners' equivalent rent of residences experienced an average inflation rate of 2.92% per year. In other words, owners' equivalent rent of residences costing $20 in the year 2013 would cost $22.44 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.23% during this same period, owners' equivalent rent of residences inflation was similar.
In the year 2013: Pricing changed by 2.16%, below the average yearly change for owners' equivalent rent of residences during the 2013-2017 time period. Compared to overall inflation for all items in 2013 (1.44%), price inflation for owners' equivalent rent of residences was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Owners' equivalent rent of residences: