Shelter priced at $2,495 in 1984 $7,381.49 in 2018

Shelter Inflation Calculator

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Prices for Shelter, 1984-2018 ($2,495)

According to the U.S. Bureau of Labor Statistics, prices for shelter were 195.85% higher in 2018 versus 1984 (a $4,886.49 difference in value).

Between 1984 and 2018: Shelter experienced an average inflation rate of 3.24% per year. This rate of change indicates significant inflation. In other words, shelter costing $2,495 in the year 1984 would cost $7,381.49 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.63% during this same period, inflation for shelter was higher.

In the year 1984: Pricing changed by 4.90%, which is above the average yearly change for shelter during the 1984-2018 time period. Compared to inflation for all items in 1984 (4.30%), 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 $2,495.00 since 1984

Below are calculations of equivalent buying power for Shelter, over time, for $2,495 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1984$2,495.004.90%
1985$2,634.715.60%
1986$2,778.855.47%
1987$2,908.964.68%
1988$3,049.034.82%
1989$3,186.904.52%
1990$3,358.535.39%
1991$3,509.504.49%
1992$3,627.433.36%
1993$3,736.323.00%
1994$3,851.303.08%
1995$3,975.133.22%
1996$4,103.403.23%
1997$4,229.263.07%
1998$4,369.163.31%
1999$4,492.812.83%
2000$4,638.983.25%
2001$4,811.903.73%
2002$4,992.583.75%
2003$5,113.102.41%
2004$5,250.412.69%
2005$5,384.392.55%
2006$5,569.323.43%
2007$5,772.773.65%
2008$5,918.062.52%
2009$5,982.551.09%
2010$5,959.56-0.38%
2011$6,037.531.31%
2012$6,167.992.16%
2013$6,311.282.32%
2014$6,490.192.83%
2015$6,689.083.06%
2016$6,915.263.38%
2017$7,144.943.32%
2018$7,381.493.31%
2019$7,630.793.38%
2020$7,818.702.46%
2021$8,027.172.67%
2022$8,498.875.88%
2023$9,132.447.45%
2024$9,452.723.51%*

* 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:

Year1952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI21.60022.00022.48522.74623.12323.96224.46924.73125.23125.44625.73126.06926.50026.99227.80028.76930.13132.57735.53837.02338.67740.47744.40848.79251.47754.94660.49268.90080.99290.48596.89299.131103.992109.815115.823121.246127.085132.831139.985146.277151.192155.731160.523165.685171.031176.277182.108187.262193.354200.562208.092213.115218.838224.423232.131240.611246.666249.354248.396251.646257.083263.056270.513278.803288.230297.803307.663318.053325.886334.575354.235380.643393.992

Adjust shelter prices for inflation

Start with the inflation rate formula:

CPI in 2018 / CPI in 1984 * 1984 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Shelter was 103.992 in the year 1984 and 307.663 in 2018:

307.663 / 103.992 * $2,495 = $7,381.49

Therefore, according to U.S. Bureau of Labor Statistics, $2,495 in 1984 has the same "purchasing power" as $7,381.49 in 2018 (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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