Shelter priced at $300,000 in 1978 $1,304,574.64 in 2013

Shelter Inflation Calculator

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Prices for Shelter, 1978-2013 ($300,000)

According to the U.S. Bureau of Labor Statistics, prices for shelter were 334.86% higher in 2013 versus 1978 (a $1,004,574.64 difference in value).

Between 1978 and 2013: Shelter experienced an average inflation rate of 4.29% per year. This rate of change indicates significant inflation. In other words, shelter costing $300,000 in the year 1978 would cost $1,304,574.64 in 2013 for an equivalent purchase. Compared to the overall inflation rate of 3.70% during this same period, inflation for shelter was higher.

In the year 1978: Pricing changed by 10.09%, which is significantly above the average yearly change for shelter during the 1978-2013 time period. Compared to inflation for all items in 1978 (7.63%), 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 $300,000.00 since 1978

Below are calculations of equivalent buying power for Shelter, over time, for $300,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$300,000.0010.09%
1979$341,696.3413.90%
1980$401,665.8217.55%
1981$448,741.1011.72%
1982$480,518.827.08%
1983$491,620.042.31%
1984$515,729.914.90%
1985$544,608.345.60%
1986$574,402.345.47%
1987$601,297.054.68%
1988$630,251.784.82%
1989$658,748.734.52%
1990$694,226.865.39%
1991$725,432.354.49%
1992$749,809.263.36%
1993$772,316.893.00%
1994$796,083.423.08%
1995$821,681.083.22%
1996$848,194.303.23%
1997$874,211.603.07%
1998$903,128.183.31%
1999$928,687.692.83%
2000$958,901.323.25%
2001$994,646.493.73%
2002$1,031,993.903.75%
2003$1,056,904.882.41%
2004$1,085,287.392.69%
2005$1,112,983.212.55%
2006$1,151,208.043.43%
2007$1,193,262.213.65%
2008$1,223,294.632.52%
2009$1,236,624.491.09%
2010$1,231,873.09-0.38%
2011$1,247,988.941.31%
2012$1,274,956.132.16%
2013$1,304,574.642.32%
2014$1,341,557.352.83%
2015$1,382,668.493.06%
2016$1,429,421.413.38%
2017$1,476,898.023.32%
2018$1,525,794.513.31%
2019$1,577,324.773.38%
2020$1,616,166.842.46%
2021$1,659,258.652.67%
2022$1,756,762.085.88%
2023$1,887,724.447.45%
2024$1,948,517.173.22%*

* 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 2013 / CPI in 1978 * 1978 USD value = 2013 USD value

Then plug in historical CPI values from above. The CPI for Shelter was 60.492 in the year 1978 and 263.056 in 2013:

263.056 / 60.492 * $300,000 = $1,304,574.64

Therefore, according to U.S. Bureau of Labor Statistics, $300,000 in 1978 has the same "purchasing power" as $1,304,574.64 in 2013 (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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