According to the U.S. Bureau of Labor Statistics, prices for shelter were 1,324.36% higher in 2018 versus 1952 (a $12,846,337.32 difference in value).
Between 1952 and 2018: Shelter experienced an average inflation rate of 4.11% per year. This rate of change indicates significant inflation. In other words, shelter costing $970,000 in the year 1952 would cost $13,816,337.32 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.46% during this same period, inflation for shelter was higher.
Below are calculations of equivalent buying power for Shelter, over time, for $970,000 beginning in 1952. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1952 | $970,000.00 | - |
1953 | $987,962.96 | 1.85% |
1954 | $1,009,725.78 | 2.20% |
1955 | $1,021,470.80 | 1.16% |
1956 | $1,038,397.44 | 1.66% |
1957 | $1,076,050.57 | 3.63% |
1958 | $1,098,849.72 | 2.12% |
1959 | $1,110,594.73 | 1.07% |
1960 | $1,133,048.43 | 2.02% |
1961 | $1,142,720.80 | 0.85% |
1962 | $1,155,502.14 | 1.12% |
1963 | $1,170,701.57 | 1.32% |
1964 | $1,190,046.30 | 1.65% |
1965 | $1,212,154.56 | 1.86% |
1966 | $1,248,425.93 | 2.99% |
1967 | $1,291,951.57 | 3.49% |
1968 | $1,353,094.73 | 4.73% |
1969 | $1,462,945.16 | 8.12% |
1970 | $1,595,940.17 | 9.09% |
1971 | $1,662,610.40 | 4.18% |
1972 | $1,736,880.34 | 4.47% |
1973 | $1,817,713.68 | 4.65% |
1974 | $1,994,234.33 | 9.71% |
1975 | $2,191,136.04 | 9.87% |
1976 | $2,311,695.16 | 5.50% |
1977 | $2,467,489.32 | 6.74% |
1978 | $2,716,552.71 | 10.09% |
1979 | $3,094,120.37 | 13.90% |
1980 | $3,637,154.56 | 17.55% |
1981 | $4,063,429.49 | 11.72% |
1982 | $4,351,182.34 | 7.08% |
1983 | $4,451,705.84 | 2.31% |
1984 | $4,670,024.93 | 4.90% |
1985 | $4,931,524.22 | 5.60% |
1986 | $5,201,314.10 | 5.47% |
1987 | $5,444,850.43 | 4.68% |
1988 | $5,707,040.60 | 4.82% |
1989 | $5,965,085.47 | 4.52% |
1990 | $6,286,346.15 | 5.39% |
1991 | $6,568,917.38 | 4.49% |
1992 | $6,789,654.56 | 3.36% |
1993 | $6,993,465.10 | 3.00% |
1994 | $7,208,675.21 | 3.08% |
1995 | $7,440,466.52 | 3.22% |
1996 | $7,680,548.43 | 3.23% |
1997 | $7,916,139.60 | 3.07% |
1998 | $8,177,984.33 | 3.31% |
1999 | $8,409,430.20 | 2.83% |
2000 | $8,683,019.94 | 3.25% |
2001 | $9,006,698.72 | 3.73% |
2002 | $9,344,886.04 | 3.75% |
2003 | $9,570,459.40 | 2.41% |
2004 | $9,827,467.95 | 2.69% |
2005 | $10,078,258.55 | 2.55% |
2006 | $10,424,391.03 | 3.43% |
2007 | $10,805,198.93 | 3.65% |
2008 | $11,077,147.83 | 2.52% |
2009 | $11,197,852.03 | 1.09% |
2010 | $11,154,827.28 | -0.38% |
2011 | $11,300,759.08 | 1.31% |
2012 | $11,544,951.75 | 2.16% |
2013 | $11,813,152.60 | 2.32% |
2014 | $12,148,037.50 | 2.83% |
2015 | $12,520,306.09 | 3.06% |
2016 | $12,943,662.04 | 3.38% |
2017 | $13,373,571.01 | 3.32% |
2018 | $13,816,337.32 | 3.31% |
2019 | $14,282,952.92 | 3.38% |
2020 | $14,634,674.64 | 2.46% |
2021 | $15,024,878.56 | 2.67% |
2022 | $15,907,789.28 | 5.88% |
2023 | $17,093,676.46 | 7.45% |
2024 | $17,693,159.26 | 3.51%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Shelter:
Year | 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 21.600 | 22.000 | 22.485 | 22.746 | 23.123 | 23.962 | 24.469 | 24.731 | 25.231 | 25.446 | 25.731 | 26.069 | 26.500 | 26.992 | 27.800 | 28.769 | 30.131 | 32.577 | 35.538 | 37.023 | 38.677 | 40.477 | 44.408 | 48.792 | 51.477 | 54.946 | 60.492 | 68.900 | 80.992 | 90.485 | 96.892 | 99.131 | 103.992 | 109.815 | 115.823 | 121.246 | 127.085 | 132.831 | 139.985 | 146.277 | 151.192 | 155.731 | 160.523 | 165.685 | 171.031 | 176.277 | 182.108 | 187.262 | 193.354 | 200.562 | 208.092 | 213.115 | 218.838 | 224.423 | 232.131 | 240.611 | 246.666 | 249.354 | 248.396 | 251.646 | 257.083 | 263.056 | 270.513 | 278.803 | 288.230 | 297.803 | 307.663 | 318.053 | 325.886 | 334.575 | 354.235 | 380.643 | 393.992 |