Housing priced at $1,500 in 1967 $13,242.31 in 2020

Housing Inflation Calculator

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Prices for Housing, 1967-2020 ($1,500)

According to the U.S. Bureau of Labor Statistics, prices for housing were 782.82% higher in 2020 versus 1967 (a $11,742.31 difference in value).

Between 1967 and 2020: Housing experienced an average inflation rate of 4.19% per year. This rate of change indicates significant inflation. In other words, housing costing $1,500 in the year 1967 would cost $13,242.31 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for housing was higher.

Price Inflation for Housing since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (15.70%), 1979 (12.17%), and 1981 (11.48%).

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
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

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Buying power of $1500 since 1967

Below are calculations of equivalent buying power for Housing, over time, for $1500 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 $1,500.00 -
1968 $1,560.72 4.05%
1969 $1,656.67 6.15%
1970 $1,773.61 7.06%
1971 $1,850.82 4.35%
1972 $1,923.16 3.91%
1973 $2,005.62 4.29%
1974 $2,232.01 11.29%
1975 $2,467.39 10.55%
1976 $2,619.57 6.17%
1977 $2,797.98 6.81%
1978 $3,043.48 8.77%
1979 $3,413.79 12.17%
1980 $3,949.78 15.70%
1981 $4,403.30 11.48%
1982 $4,721.14 7.22%
1983 $4,847.45 2.68%
1984 $5,048.73 4.15%
1985 $5,249.25 3.97%
1986 $5,404.42 2.96%
1987 $5,565.22 2.98%
1988 $5,773.61 3.74%
1989 $5,993.63 3.81%
1990 $6,262.74 4.49%
1991 $6,510.12 3.95%
1992 $6,700.15 2.92%
1993 $6,880.81 2.70%
1994 $7,054.35 2.52%
1995 $7,233.51 2.54%
1996 $7,444.53 2.92%
1997 $7,639.06 2.61%
1998 $7,813.72 2.29%
1999 $7,985.38 2.20%
2000 $8,261.62 3.46%
2001 $8,593.33 4.02%
2002 $8,783.73 2.22%
2003 $9,003.75 2.50%
2004 $9,235.01 2.57%
2005 $9,536.73 3.27%
2006 $9,899.18 3.80%
2007 $10,212.22 3.16%
2008 $10,537.59 3.19%
2009 $10,576.24 0.37%
2010 $10,537.21 -0.37%
2011 $10,675.87 1.32%
2012 $10,851.94 1.65%
2013 $11,077.83 2.08%
2014 $11,363.56 2.58%
2015 $11,599.64 2.08%
2016 $11,887.72 2.48%
2017 $12,241.29 2.97%
2018 $12,594.51 2.89%
2019 $12,958.66 2.89%
2020 $13,242.31 2.19%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for housing, 1967-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1967 * 1967 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Housing was 30.785 in the year 1967 and 271.773 in 2020:

271.773 / 30.785 * $1,500 = $13,242.31

Therefore, according to U.S. Bureau of Labor Statistics, $1,500 in 1967 has the same "purchasing power" as $13,242.31 in 2020 (in the CPI category of Housing).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Housing in 1967. In addition to housing, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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