According to the U.S. Bureau of Labor Statistics, prices for housing at school, excluding board are 358.30% higher in 2024 versus 1988 (a $71.66 difference in value).
Between 1988 and 2024: Housing at school, excluding board experienced an average inflation rate of 4.32% per year. This rate of change indicates significant inflation. In other words, housing at school, excluding board costing $20 in the year 1988 would cost $91.66 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for housing at school, excluding board was higher.
In the year 1988: Pricing changed by 6.38%, which is above the average yearly change for housing at school, excluding board during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for housing at school, excluding board was higher.
Below are calculations of equivalent buying power for Housing at school, excluding board, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1988 | $20.00 | 6.38% |
1989 | $21.42 | 7.11% |
1990 | $22.83 | 6.57% |
1991 | $24.26 | 6.25% |
1992 | $25.86 | 6.60% |
1993 | $27.01 | 4.43% |
1994 | $28.17 | 4.31% |
1995 | $29.36 | 4.23% |
1996 | $30.57 | 4.11% |
1997 | $31.99 | 4.66% |
1998 | $33.37 | 4.30% |
1999 | $34.81 | 4.31% |
2000 | $36.26 | 4.18% |
2001 | $37.92 | 4.57% |
2002 | $40.03 | 5.57% |
2003 | $42.41 | 5.94% |
2004 | $45.07 | 6.27% |
2005 | $47.88 | 6.24% |
2006 | $50.40 | 5.27% |
2007 | $53.03 | 5.21% |
2008 | $55.56 | 4.77% |
2009 | $58.36 | 5.03% |
2010 | $61.03 | 4.58% |
2011 | $63.51 | 4.07% |
2012 | $66.02 | 3.95% |
2013 | $68.57 | 3.86% |
2014 | $70.67 | 3.07% |
2015 | $72.64 | 2.79% |
2016 | $74.77 | 2.92% |
2017 | $76.74 | 2.64% |
2018 | $78.46 | 2.23% |
2019 | $80.33 | 2.39% |
2020 | $82.17 | 2.29% |
2021 | $83.87 | 2.07% |
2022 | $85.66 | 2.13% |
2023 | $88.52 | 3.34% |
2024 | $91.66 | 3.55%* |
* 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 Housing at school, excluding board:
Year | 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 | 100.000 | 102.131 | 108.662 | 116.369 | 123.269 | 131.562 | 139.962 | 149.915 | 159.762 | 169.754 | 180.962 | 188.985 | 197.131 | 205.469 | 213.908 | 223.885 | 233.508 | 243.577 | 253.769 | 265.369 | 280.162 | 296.792 | 315.392 | 335.085 | 352.731 | 371.121 | 388.834 | 408.388 | 427.075 | 444.473 | 462.030 | 479.853 | 494.574 | 508.371 | 523.217 | 537.050 | 549.034 | 562.179 | 575.056 | 586.934 | 599.439 | 619.453 | 641.448 |