According to the U.S. Bureau of Labor Statistics, prices for housing were 793.68% higher in 2021 versus 1967 (a $55,557.83 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 $7,000 in the year 1967 would cost $62,557.83 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 $7000 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 | $7,000.00 | - |
| 1968 | $7,280.38 | 4.01% |
| 1969 | $7,731.26 | 6.19% |
| 1970 | $8,267.39 | 6.93% |
| 1971 | $8,634.91 | 4.45% |
| 1972 | $8,970.23 | 3.88% |
| 1973 | $9,360.49 | 4.35% |
| 1974 | $10,411.91 | 11.23% |
| 1975 | $11,510.69 | 10.55% |
| 1976 | $12,217.32 | 6.14% |
| 1977 | $13,050.88 | 6.82% |
| 1978 | $14,193.23 | 8.75% |
| 1979 | $15,924.76 | 12.20% |
| 1980 | $18,423.55 | 15.69% |
| 1981 | $20,543.44 | 11.51% |
| 1982 | $22,024.90 | 7.21% |
| 1983 | $22,612.18 | 2.67% |
| 1984 | $23,553.72 | 4.16% |
| 1985 | $24,485.79 | 3.96% |
| 1986 | $25,209.47 | 2.96% |
| 1987 | $25,976.73 | 3.04% |
| 1988 | $26,939.11 | 3.70% |
| 1989 | $27,962.11 | 3.80% |
| 1990 | $29,223.82 | 4.51% |
| 1991 | $30,371.85 | 3.93% |
| 1992 | $31,256.56 | 2.91% |
| 1993 | $32,105.28 | 2.72% |
| 1994 | $32,912.31 | 2.51% |
| 1995 | $33,745.87 | 2.53% |
| 1996 | $34,734.78 | 2.93% |
| 1997 | $35,644.11 | 2.62% |
| 1998 | $36,458.73 | 2.29% |
| 1999 | $37,260.08 | 2.20% |
| 2000 | $38,550.20 | 3.46% |
| 2001 | $40,090.39 | 4.00% |
| 2002 | $40,978.89 | 2.22% |
| 2003 | $42,011.37 | 2.52% |
| 2004 | $43,089.31 | 2.57% |
| 2005 | $44,493.10 | 3.26% |
| 2006 | $46,184.84 | 3.80% |
| 2007 | $47,645.30 | 3.16% |
| 2008 | $49,162.18 | 3.18% |
| 2009 | $49,344.68 | 0.37% |
| 2010 | $49,161.82 | -0.37% |
| 2011 | $49,809.90 | 1.32% |
| 2012 | $50,630.48 | 1.65% |
| 2013 | $51,684.38 | 2.08% |
| 2014 | $53,017.70 | 2.58% |
| 2015 | $54,119.28 | 2.08% |
| 2016 | $55,463.89 | 2.48% |
| 2017 | $57,113.62 | 2.97% |
| 2018 | $58,761.09 | 2.88% |
| 2019 | $60,458.91 | 2.89% |
| 2020 | $61,783.78 | 2.19% |
| 2021 | $62,557.83 | 1.25%* |