According to the U.S. Bureau of Labor Statistics, prices for housing were 793.68% higher in 2021 versus 1967 (a $484,146.85 difference in value).
Between 1967 and 2021: Housing experienced an average inflation rate of 4.14% per year. This rate of change indicates significant inflation. In other words, housing costing $61,000 in the year 1967 would cost $545,146.85 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.90% during this same period, inflation for housing was higher.
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 |
| CPI | 30.792 | 32.025 | 34.008 | 36.367 | 37.983 | 39.458 | 41.175 | 45.800 | 50.633 | 53.742 | 57.408 | 62.433 | 70.050 | 81.042 | 90.367 | 96.883 | 99.467 | 103.608 | 107.708 | 110.892 | 114.267 | 118.500 | 123.000 | 128.550 | 133.600 | 137.492 | 141.225 | 144.775 | 148.442 | 152.792 | 156.792 | 160.375 | 163.900 | 169.575 | 176.350 | 180.258 | 184.800 | 189.542 | 195.717 | 203.158 | 209.583 | 216.255 | 217.058 | 216.253 | 219.104 | 222.714 | 227.350 | 233.215 | 238.060 | 243.975 | 251.232 | 258.479 | 265.947 | 271.775 | 275.180 |
Below are calculations of equivalent buying power for Housing, over time, for $61000 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 | $61,000.00 | - |
| 1968 | $63,443.30 | 4.01% |
| 1969 | $67,372.40 | 6.19% |
| 1970 | $72,044.38 | 6.93% |
| 1971 | $75,247.09 | 4.45% |
| 1972 | $78,169.15 | 3.88% |
| 1973 | $81,569.96 | 4.35% |
| 1974 | $90,732.34 | 11.23% |
| 1975 | $100,307.44 | 10.55% |
| 1976 | $106,465.22 | 6.14% |
| 1977 | $113,729.09 | 6.82% |
| 1978 | $123,683.90 | 8.75% |
| 1979 | $138,772.94 | 12.20% |
| 1980 | $160,548.04 | 15.69% |
| 1981 | $179,021.38 | 11.51% |
| 1982 | $191,931.26 | 7.21% |
| 1983 | $197,048.99 | 2.67% |
| 1984 | $205,253.86 | 4.16% |
| 1985 | $213,376.18 | 3.96% |
| 1986 | $219,682.54 | 2.96% |
| 1987 | $226,368.61 | 3.04% |
| 1988 | $234,755.07 | 3.70% |
| 1989 | $243,669.82 | 3.80% |
| 1990 | $254,664.68 | 4.51% |
| 1991 | $264,669.01 | 3.93% |
| 1992 | $272,378.62 | 2.91% |
| 1993 | $279,774.56 | 2.72% |
| 1994 | $286,807.31 | 2.51% |
| 1995 | $294,071.18 | 2.53% |
| 1996 | $302,688.77 | 2.93% |
| 1997 | $310,612.99 | 2.62% |
| 1998 | $317,711.77 | 2.29% |
| 1999 | $324,694.99 | 2.20% |
| 2000 | $335,937.48 | 3.46% |
| 2001 | $349,359.13 | 4.00% |
| 2002 | $357,101.76 | 2.22% |
| 2003 | $366,099.05 | 2.52% |
| 2004 | $375,492.56 | 2.57% |
| 2005 | $387,725.58 | 3.26% |
| 2006 | $402,467.93 | 3.80% |
| 2007 | $415,194.73 | 3.16% |
| 2008 | $428,413.32 | 3.18% |
| 2009 | $430,003.61 | 0.37% |
| 2010 | $428,410.18 | -0.37% |
| 2011 | $434,057.68 | 1.32% |
| 2012 | $441,208.46 | 1.65% |
| 2013 | $450,392.47 | 2.08% |
| 2014 | $462,011.36 | 2.58% |
| 2015 | $471,610.89 | 2.08% |
| 2016 | $483,328.18 | 2.48% |
| 2017 | $497,704.37 | 2.97% |
| 2018 | $512,060.91 | 2.88% |
| 2019 | $526,856.26 | 2.89% |
| 2020 | $538,401.52 | 2.19% |
| 2021 | $545,146.85 | 1.25%* |