According to the U.S. Bureau of Labor Statistics, prices for housing were 793.68% higher in 2021 versus 1967 (a $492,083.68 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 $62,000 in the year 1967 would cost $554,083.68 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 $62000 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 | $62,000.00 | - |
| 1968 | $64,483.36 | 4.01% |
| 1969 | $68,476.86 | 6.19% |
| 1970 | $73,225.44 | 6.93% |
| 1971 | $76,480.65 | 4.45% |
| 1972 | $79,450.61 | 3.88% |
| 1973 | $82,907.17 | 4.35% |
| 1974 | $92,219.76 | 11.23% |
| 1975 | $101,951.83 | 10.55% |
| 1976 | $108,210.55 | 6.14% |
| 1977 | $115,593.50 | 6.82% |
| 1978 | $125,711.50 | 8.75% |
| 1979 | $141,047.90 | 12.20% |
| 1980 | $163,179.97 | 15.69% |
| 1981 | $181,956.16 | 11.51% |
| 1982 | $195,077.67 | 7.21% |
| 1983 | $200,279.30 | 2.67% |
| 1984 | $208,618.67 | 4.16% |
| 1985 | $216,874.15 | 3.96% |
| 1986 | $223,283.90 | 2.96% |
| 1987 | $230,079.57 | 3.04% |
| 1988 | $238,603.52 | 3.70% |
| 1989 | $247,664.41 | 3.80% |
| 1990 | $258,839.51 | 4.51% |
| 1991 | $269,007.85 | 3.93% |
| 1992 | $276,843.84 | 2.91% |
| 1993 | $284,361.03 | 2.72% |
| 1994 | $291,509.07 | 2.51% |
| 1995 | $298,892.02 | 2.53% |
| 1996 | $307,650.88 | 2.93% |
| 1997 | $315,705.01 | 2.62% |
| 1998 | $322,920.16 | 2.29% |
| 1999 | $330,017.86 | 2.20% |
| 2000 | $341,444.65 | 3.46% |
| 2001 | $355,086.33 | 4.00% |
| 2002 | $362,955.89 | 2.22% |
| 2003 | $372,100.68 | 2.52% |
| 2004 | $381,648.17 | 2.57% |
| 2005 | $394,081.73 | 3.26% |
| 2006 | $409,065.76 | 3.80% |
| 2007 | $422,001.20 | 3.16% |
| 2008 | $435,436.49 | 3.18% |
| 2009 | $437,052.85 | 0.37% |
| 2010 | $435,433.30 | -0.37% |
| 2011 | $441,173.37 | 1.32% |
| 2012 | $448,441.39 | 1.65% |
| 2013 | $457,775.95 | 2.08% |
| 2014 | $469,585.32 | 2.58% |
| 2015 | $479,342.22 | 2.08% |
| 2016 | $491,251.59 | 2.48% |
| 2017 | $505,863.45 | 2.97% |
| 2018 | $520,455.35 | 2.88% |
| 2019 | $535,493.24 | 2.89% |
| 2020 | $547,227.77 | 2.19% |
| 2021 | $554,083.68 | 1.25%* |