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.
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:
Year | USD Value | Inflation Rate |
---|---|---|
1978 | $300,000.00 | 10.09% |
1979 | $341,696.34 | 13.90% |
1980 | $401,665.82 | 17.55% |
1981 | $448,741.10 | 11.72% |
1982 | $480,518.82 | 7.08% |
1983 | $491,620.04 | 2.31% |
1984 | $515,729.91 | 4.90% |
1985 | $544,608.34 | 5.60% |
1986 | $574,402.34 | 5.47% |
1987 | $601,297.05 | 4.68% |
1988 | $630,251.78 | 4.82% |
1989 | $658,748.73 | 4.52% |
1990 | $694,226.86 | 5.39% |
1991 | $725,432.35 | 4.49% |
1992 | $749,809.26 | 3.36% |
1993 | $772,316.89 | 3.00% |
1994 | $796,083.42 | 3.08% |
1995 | $821,681.08 | 3.22% |
1996 | $848,194.30 | 3.23% |
1997 | $874,211.60 | 3.07% |
1998 | $903,128.18 | 3.31% |
1999 | $928,687.69 | 2.83% |
2000 | $958,901.32 | 3.25% |
2001 | $994,646.49 | 3.73% |
2002 | $1,031,993.90 | 3.75% |
2003 | $1,056,904.88 | 2.41% |
2004 | $1,085,287.39 | 2.69% |
2005 | $1,112,983.21 | 2.55% |
2006 | $1,151,208.04 | 3.43% |
2007 | $1,193,262.21 | 3.65% |
2008 | $1,223,294.63 | 2.52% |
2009 | $1,236,624.49 | 1.09% |
2010 | $1,231,873.09 | -0.38% |
2011 | $1,247,988.94 | 1.31% |
2012 | $1,274,956.13 | 2.16% |
2013 | $1,304,574.64 | 2.32% |
2014 | $1,341,557.35 | 2.83% |
2015 | $1,382,668.49 | 3.06% |
2016 | $1,429,421.41 | 3.38% |
2017 | $1,476,898.02 | 3.32% |
2018 | $1,525,794.51 | 3.31% |
2019 | $1,577,324.77 | 3.38% |
2020 | $1,616,166.84 | 2.46% |
2021 | $1,659,258.65 | 2.67% |
2022 | $1,756,762.08 | 5.88% |
2023 | $1,887,724.44 | 7.45% |
2024 | $1,948,517.17 | 3.22%* |
* 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:
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 | 392.901 |