Rent priced at $1,000 in 2000 $1,730.44 in 2018

Historical Price Inflation for Rent

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Prices for Rent, 2000-2018 ($1,000)

According to the U.S. Bureau of Labor Statistics, prices for rent of primary residence were 73.04% higher in 2018 versus 2000 (a $730.44 difference in value).

Between 2000 and 2018: Rent experienced an average inflation rate of 3.09% per year. This rate of change indicates significant inflation. In other words, rent costing $1,000 in the year 2000 would cost $1,730.44 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for rent was higher.

In the year 2000: Pricing changed by 3.63%, which is above the average yearly change for rent during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for rent was higher.

Price Inflation for Rent of primary residence since 1913

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1920 (18.42%), 1933 (-13.48%), and 1921 (13.30%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Rent of primary residence:

Year 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 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
CPI 21.000 21.000 21.150 21.350 21.100 21.750 23.700 28.067 31.800 32.400 33.340 34.440 34.567 34.133 33.567 32.767 32.000 31.067 29.300 25.967 22.467 21.333 21.400 21.900 22.980 23.680 23.700 23.757 24.154 24.692 24.692 24.745 24.820 24.980 25.792 27.500 28.692 29.754 30.923 32.215 33.908 35.115 35.608 36.262 36.962 37.638 38.177 38.738 39.231 39.715 40.115 40.531 40.931 41.492 42.238 43.254 44.654 46.500 48.654 50.331 52.523 55.154 58.000 61.138 64.815 69.277 74.338 80.915 87.938 94.623 100.092 105.292 111.762 118.277 123.146 127.838 132.808 138.408 143.315 146.908 150.338 154.008 157.777 161.954 166.669 172.077 177.485 183.923 192.115 199.669 205.515 211.023 217.338 225.092 234.679 243.271 248.812 249.385 253.638 260.367 267.725 276.162 286.032 296.820 308.143 318.268

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Buying power of $1000 since 2000

Below are calculations of equivalent buying power for Rent, over time, for $1000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $1,000.00 3.63%
2001 $1,044.54 4.45%
2002 $1,085.61 3.93%
2003 $1,117.40 2.93%
2004 $1,147.34 2.68%
2005 $1,181.68 2.99%
2006 $1,223.84 3.57%
2007 $1,275.96 4.26%
2008 $1,322.68 3.66%
2009 $1,352.80 2.28%
2010 $1,355.92 0.23%
2011 $1,379.04 1.71%
2012 $1,415.63 2.65%
2013 $1,455.63 2.83%
2014 $1,501.51 3.15%
2015 $1,555.17 3.57%
2016 $1,613.83 3.77%
2017 $1,675.39 3.81%
2018 $1,730.44 3.29%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for rent, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Rent of primary residence was 183.923 in the year 2000 and 318.268 in 2018:

318.268 / 183.923 * $1,000 = $1,730.44

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 2000 has the same "purchasing power" as $1,730.44 in 2018 (in the CPI category of Rent of primary residence).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Rent of primary residence in 1913. In addition to rent, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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