According to the U.S. Bureau of Labor Statistics, prices for housing are 981.16% higher in 2024 versus 1967 (a $6,181,329.54 difference in value).
Between 1967 and 2024: Housing experienced an average inflation rate of 4.26% per year. This rate of change indicates significant inflation. In other words, housing costing $630,000 in the year 1967 would cost $6,811,329.54 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.01% during this same period, inflation for housing was higher.
Below are calculations of equivalent buying power for Housing, over time, for $630,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1967 | $630,000.00 | - |
| 1968 | $655,502.25 | 4.05% |
| 1969 | $695,802.10 | 6.15% |
| 1970 | $744,917.54 | 7.06% |
| 1971 | $777,346.33 | 4.35% |
| 1972 | $807,728.64 | 3.91% |
| 1973 | $842,361.32 | 4.29% |
| 1974 | $937,443.78 | 11.29% |
| 1975 | $1,036,304.35 | 10.55% |
| 1976 | $1,100,217.39 | 6.17% |
| 1977 | $1,175,149.93 | 6.81% |
| 1978 | $1,278,260.87 | 8.77% |
| 1979 | $1,433,793.10 | 12.17% |
| 1980 | $1,658,905.55 | 15.70% |
| 1981 | $1,849,385.31 | 11.48% |
| 1982 | $1,982,878.56 | 7.22% |
| 1983 | $2,035,929.54 | 2.68% |
| 1984 | $2,120,464.77 | 4.15% |
| 1985 | $2,204,685.16 | 3.97% |
| 1986 | $2,269,857.57 | 2.96% |
| 1987 | $2,337,391.30 | 2.98% |
| 1988 | $2,424,917.54 | 3.74% |
| 1989 | $2,517,323.84 | 3.81% |
| 1990 | $2,630,352.32 | 4.49% |
| 1991 | $2,734,250.37 | 3.95% |
| 1992 | $2,814,062.97 | 2.92% |
| 1993 | $2,889,940.03 | 2.70% |
| 1994 | $2,962,826.09 | 2.52% |
| 1995 | $3,038,073.46 | 2.54% |
| 1996 | $3,126,701.65 | 2.92% |
| 1997 | $3,208,403.30 | 2.61% |
| 1998 | $3,281,761.62 | 2.29% |
| 1999 | $3,353,860.57 | 2.20% |
| 2000 | $3,469,880.06 | 3.46% |
| 2001 | $3,609,197.90 | 4.02% |
| 2002 | $3,689,167.92 | 2.22% |
| 2003 | $3,781,574.21 | 2.50% |
| 2004 | $3,878,703.15 | 2.57% |
| 2005 | $4,005,427.29 | 3.27% |
| 2006 | $4,157,653.67 | 3.80% |
| 2007 | $4,289,131.93 | 3.16% |
| 2008 | $4,425,786.21 | 3.19% |
| 2009 | $4,442,019.49 | 0.37% |
| 2010 | $4,425,628.79 | -0.37% |
| 2011 | $4,483,863.64 | 1.32% |
| 2012 | $4,557,815.44 | 1.65% |
| 2013 | $4,652,688.53 | 2.08% |
| 2014 | $4,772,697.08 | 2.58% |
| 2015 | $4,871,848.88 | 2.08% |
| 2016 | $4,992,841.30 | 2.48% |
| 2017 | $5,141,343.10 | 2.97% |
| 2018 | $5,289,695.35 | 2.89% |
| 2019 | $5,442,636.43 | 2.89% |
| 2020 | $5,561,769.72 | 2.19% |
| 2021 | $5,744,871.14 | 3.29% |
| 2022 | $6,155,868.22 | 7.15% |
| 2023 | $6,552,239.28 | 6.44% |
| 2024 | $6,811,329.54 | 3.95%* |
* 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:
| Year | 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 | 30.785 | 32.031 | 34.000 | 36.400 | 37.985 | 39.469 | 41.162 | 45.808 | 50.638 | 53.762 | 57.423 | 62.462 | 70.062 | 81.062 | 90.369 | 96.892 | 99.485 | 103.615 | 107.731 | 110.915 | 114.215 | 118.492 | 123.008 | 128.531 | 133.608 | 137.508 | 141.215 | 144.777 | 148.454 | 152.785 | 156.777 | 160.362 | 163.885 | 169.554 | 176.362 | 180.269 | 184.785 | 189.531 | 195.723 | 203.162 | 209.586 | 216.264 | 217.057 | 216.256 | 219.102 | 222.715 | 227.351 | 233.215 | 238.060 | 243.973 | 251.229 | 258.478 | 265.952 | 271.773 | 280.720 | 300.803 | 320.172 | 332.832 |