According to the U.S. Bureau of Labor Statistics, prices for housing at school, excluding board are 116.13% higher in 2024 versus 2003 (a $23.23 difference in value).
Between 2003 and 2024: Housing at school, excluding board experienced an average inflation rate of 3.74% per year. This rate of change indicates significant inflation. In other words, housing at school, excluding board costing $20 in the year 2003 would cost $43.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for housing at school, excluding board was higher.
In the year 2003: Pricing changed by 5.94%, which is above the average yearly change for housing at school, excluding board during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for housing at school, excluding board was much higher.
Below are calculations of equivalent buying power for Housing at school, excluding board, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2003 | $20.00 | 5.94% |
2004 | $21.25 | 6.27% |
2005 | $22.58 | 6.24% |
2006 | $23.77 | 5.27% |
2007 | $25.01 | 5.21% |
2008 | $26.20 | 4.77% |
2009 | $27.52 | 5.03% |
2010 | $28.78 | 4.58% |
2011 | $29.95 | 4.07% |
2012 | $31.13 | 3.95% |
2013 | $32.34 | 3.86% |
2014 | $33.33 | 3.07% |
2015 | $34.26 | 2.79% |
2016 | $35.26 | 2.92% |
2017 | $36.19 | 2.64% |
2018 | $37.00 | 2.23% |
2019 | $37.88 | 2.39% |
2020 | $38.75 | 2.29% |
2021 | $39.55 | 2.07% |
2022 | $40.39 | 2.13% |
2023 | $41.74 | 3.34% |
2024 | $43.23 | 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 |