Shelter priced at $1 in 1987 $1.05 in 1988

Shelter Inflation Calculator

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Prices for Shelter, 1987-1988 ($1)

According to the U.S. Bureau of Labor Statistics, prices for shelter were 4.82% higher in 1988 versus 1987 (a $0.05 difference in value).

Between 1987 and 1988: Shelter experienced an average inflation rate of 4.82% per year. This rate of change indicates significant inflation. In other words, shelter costing $1 in the year 1987 would cost $1.05 in 1988 for an equivalent purchase. Compared to the overall inflation rate of 4.08% during this same period, inflation for shelter was higher.

In the year 1987: Pricing changed by 4.68%, which is below the average yearly change for shelter during the 1987-1988 time period. Compared to inflation for all items in 1987 (3.66%), 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%).

View price changes for other categories
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Buying power of $1.00 since 1987

Below are calculations of equivalent buying power for Shelter, over time, for $1 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$1.004.68%
1988$1.054.82%
1989$1.104.52%
1990$1.155.39%
1991$1.214.49%
1992$1.253.36%
1993$1.283.00%
1994$1.323.08%
1995$1.373.22%
1996$1.413.23%
1997$1.453.07%
1998$1.503.31%
1999$1.542.83%
2000$1.593.25%
2001$1.653.73%
2002$1.723.75%
2003$1.762.41%
2004$1.802.69%
2005$1.852.55%
2006$1.913.43%
2007$1.983.65%
2008$2.032.52%
2009$2.061.09%
2010$2.05-0.38%
2011$2.081.31%
2012$2.122.16%
2013$2.172.32%
2014$2.232.83%
2015$2.303.06%
2016$2.383.38%
2017$2.463.32%
2018$2.543.31%
2019$2.623.38%
2020$2.692.46%
2021$2.762.67%
2022$2.925.88%
2023$3.147.45%
2024$3.253.51%*

* 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 1988 / CPI in 1987 * 1987 USD value = 1988 USD value

Then plug in historical CPI values from above. The CPI for Shelter was 121.246 in the year 1987 and 127.085 in 1988:

127.085 / 121.246 * $1 = $1.05

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1987 has the same "purchasing power" as $1.05 in 1988 (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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