Shelter priced at $1 in 1977 $1.10 in 1978

Shelter Inflation Calculator

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Prices for Shelter, 1977-1978 ($1)

According to the U.S. Bureau of Labor Statistics, prices for shelter were 10.09% higher in 1978 versus 1977 (a $0.10 difference in value).

Between 1977 and 1978: Shelter experienced an average inflation rate of 10.09% per year. This rate of change indicates significant inflation. In other words, shelter costing $1 in the year 1977 would cost $1.10 in 1978 for an equivalent purchase. Compared to the overall inflation rate of 7.63% during this same period, inflation for shelter was higher.

In the year 1977: Pricing changed by 6.74%, which is significantly below the average yearly change for shelter during the 1977-1978 time period. Compared to inflation for all items in 1977 (6.50%), inflation for shelter was higher.

Price Inflation for Shelter since 1952

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (17.55%), 1979 (13.90%), and 1981 (11.72%).

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Buying power of $1.00 since 1977

Below are calculations of equivalent buying power for Shelter, over time, for $1 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$1.006.74%
1978$1.1010.09%
1979$1.2513.90%
1980$1.4717.55%
1981$1.6511.72%
1982$1.767.08%
1983$1.802.31%
1984$1.894.90%
1985$2.005.60%
1986$2.115.47%
1987$2.214.68%
1988$2.314.82%
1989$2.424.52%
1990$2.555.39%
1991$2.664.49%
1992$2.753.36%
1993$2.833.00%
1994$2.923.08%
1995$3.023.22%
1996$3.113.23%
1997$3.213.07%
1998$3.313.31%
1999$3.412.83%
2000$3.523.25%
2001$3.653.73%
2002$3.793.75%
2003$3.882.41%
2004$3.982.69%
2005$4.082.55%
2006$4.223.43%
2007$4.383.65%
2008$4.492.52%
2009$4.541.09%
2010$4.52-0.38%
2011$4.581.31%
2012$4.682.16%
2013$4.792.32%
2014$4.922.83%
2015$5.073.06%
2016$5.253.38%
2017$5.423.32%
2018$5.603.31%
2019$5.793.38%
2020$5.932.46%
2021$6.092.67%
2022$6.455.88%
2023$6.937.45%
2024$7.153.22%*

* 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:

Year1952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI21.60022.00022.48522.74623.12323.96224.46924.73125.23125.44625.73126.06926.50026.99227.80028.76930.13132.57735.53837.02338.67740.47744.40848.79251.47754.94660.49268.90080.99290.48596.89299.131103.992109.815115.823121.246127.085132.831139.985146.277151.192155.731160.523165.685171.031176.277182.108187.262193.354200.562208.092213.115218.838224.423232.131240.611246.666249.354248.396251.646257.083263.056270.513278.803288.230297.803307.663318.053325.886334.575354.235380.643392.901

Adjust shelter prices for inflation

Start with the inflation rate formula:

CPI in 1978 / CPI in 1977 * 1977 USD value = 1978 USD value

Then plug in historical CPI values from above. The CPI for Shelter was 54.946 in the year 1977 and 60.492 in 1978:

60.492 / 54.946 * $1 = $1.10

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1977 has the same "purchasing power" as $1.10 in 1978 (in the CPI category of Shelter).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Shelter in 1952. In addition to shelter, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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