According to the U.S. Bureau of Labor Statistics, prices for shelter were 1,252.59% higher in 2018 versus 1955 (a $125,259,249.24 difference in value).
Between 1955 and 2018: Shelter experienced an average inflation rate of 4.22% per year. This rate of change indicates significant inflation. In other words, shelter costing $10,000,000 in the year 1955 would cost $135,259,249.24 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.62% during this same period, inflation for shelter was higher.
In the year 1955: Pricing changed by 1.16%, which is significantly below the average yearly change for shelter during the 1955-2018 time period. Compared to inflation for all items in 1955 (-0.29%), inflation for shelter was higher.
Below are calculations of equivalent buying power for Shelter, over time, for $10,000,000 beginning in 1955. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1955 | $10,000,000.00 | 1.16% |
1956 | $10,165,708.49 | 1.66% |
1957 | $10,534,325.33 | 3.63% |
1958 | $10,757,524.52 | 2.12% |
1959 | $10,872,505.92 | 1.07% |
1960 | $11,092,323.30 | 2.02% |
1961 | $11,187,013.87 | 0.85% |
1962 | $11,312,140.68 | 1.12% |
1963 | $11,460,940.14 | 1.32% |
1964 | $11,650,321.27 | 1.65% |
1965 | $11,866,756.85 | 1.86% |
1966 | $12,221,846.47 | 2.99% |
1967 | $12,647,954.01 | 3.49% |
1968 | $13,246,533.65 | 4.73% |
1969 | $14,321,947.92 | 8.12% |
1970 | $15,623,943.19 | 9.09% |
1971 | $16,276,631.72 | 4.18% |
1972 | $17,003,719.99 | 4.47% |
1973 | $17,795,062.56 | 4.65% |
1974 | $19,523,165.37 | 9.71% |
1975 | $21,450,794.72 | 9.87% |
1976 | $22,631,044.98 | 5.50% |
1977 | $24,156,239.43 | 6.74% |
1978 | $26,594,521.47 | 10.09% |
1979 | $30,290,835.31 | 13.90% |
1980 | $35,607,034.16 | 17.55% |
1981 | $39,780,182.62 | 11.72% |
1982 | $42,597,226.92 | 7.08% |
1983 | $43,581,332.43 | 2.31% |
1984 | $45,718,633.75 | 4.90% |
1985 | $48,278,660.80 | 5.60% |
1986 | $50,919,851.20 | 5.47% |
1987 | $53,304,024.35 | 4.68% |
1988 | $55,870,815.02 | 4.82% |
1989 | $58,397,024.01 | 4.52% |
1990 | $61,542,103.48 | 5.39% |
1991 | $64,308,420.70 | 4.49% |
1992 | $66,469,394.66 | 3.36% |
1993 | $68,464,660.13 | 3.00% |
1994 | $70,571,525.19 | 3.08% |
1995 | $72,840,716.94 | 3.22% |
1996 | $75,191,072.03 | 3.23% |
1997 | $77,497,463.65 | 3.07% |
1998 | $80,060,872.51 | 3.31% |
1999 | $82,326,682.45 | 2.83% |
2000 | $85,005,072.71 | 3.25% |
2001 | $88,173,824.82 | 3.73% |
2002 | $91,484,612.78 | 3.75% |
2003 | $93,692,932.03 | 2.41% |
2004 | $96,208,995.60 | 2.69% |
2005 | $98,664,186.68 | 2.55% |
2006 | $102,052,756.17 | 3.43% |
2007 | $105,780,791.34 | 3.65% |
2008 | $108,443,118.03 | 2.52% |
2009 | $109,624,788.64 | 1.09% |
2010 | $109,203,584.71 | -0.38% |
2011 | $110,632,228.61 | 1.31% |
2012 | $113,022,827.19 | 2.16% |
2013 | $115,648,461.28 | 2.32% |
2014 | $118,926,919.17 | 2.83% |
2015 | $122,571,356.10 | 3.06% |
2016 | $126,715,928.31 | 3.38% |
2017 | $130,924,653.36 | 3.32% |
2018 | $135,259,249.24 | 3.31% |
2019 | $139,827,324.99 | 3.38% |
2020 | $143,270,612.11 | 2.46% |
2021 | $147,090,632.40 | 2.67% |
2022 | $155,734,156.24 | 5.88% |
2023 | $167,343,760.57 | 7.45% |
2024 | $173,212,580.32 | 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 |