According to the U.S. Bureau of Labor Statistics, prices for housing are 981.16% higher in 2024 versus 1967 (a $107,927,976.01 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 $11,000,000 in the year 1967 would cost $118,927,976.01 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 $11,000,000 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 | $11,000,000.00 | - |
| 1968 | $11,445,277.36 | 4.05% |
| 1969 | $12,148,925.54 | 6.15% |
| 1970 | $13,006,496.75 | 7.06% |
| 1971 | $13,572,713.64 | 4.35% |
| 1972 | $14,103,198.40 | 3.91% |
| 1973 | $14,707,896.05 | 4.29% |
| 1974 | $16,368,065.97 | 11.29% |
| 1975 | $18,094,202.90 | 10.55% |
| 1976 | $19,210,144.93 | 6.17% |
| 1977 | $20,518,490.75 | 6.81% |
| 1978 | $22,318,840.58 | 8.77% |
| 1979 | $25,034,482.76 | 12.17% |
| 1980 | $28,965,017.49 | 15.70% |
| 1981 | $32,290,854.57 | 11.48% |
| 1982 | $34,621,689.16 | 7.22% |
| 1983 | $35,547,976.01 | 2.68% |
| 1984 | $37,023,988.01 | 4.15% |
| 1985 | $38,494,502.75 | 3.97% |
| 1986 | $39,632,433.78 | 2.96% |
| 1987 | $40,811,594.20 | 2.98% |
| 1988 | $42,339,830.08 | 3.74% |
| 1989 | $43,953,273.36 | 3.81% |
| 1990 | $45,926,786.61 | 4.49% |
| 1991 | $47,740,879.56 | 3.95% |
| 1992 | $49,134,432.78 | 2.92% |
| 1993 | $50,459,270.36 | 2.70% |
| 1994 | $51,731,884.06 | 2.52% |
| 1995 | $53,045,727.14 | 2.54% |
| 1996 | $54,593,203.40 | 2.92% |
| 1997 | $56,019,740.13 | 2.61% |
| 1998 | $57,300,599.70 | 2.29% |
| 1999 | $58,559,470.26 | 2.20% |
| 2000 | $60,585,207.40 | 3.46% |
| 2001 | $63,017,741.13 | 4.02% |
| 2002 | $64,414,042.98 | 2.22% |
| 2003 | $66,027,486.26 | 2.50% |
| 2004 | $67,723,388.31 | 2.57% |
| 2005 | $69,936,031.98 | 3.27% |
| 2006 | $72,593,953.02 | 3.80% |
| 2007 | $74,889,605.20 | 3.16% |
| 2008 | $77,275,632.18 | 3.19% |
| 2009 | $77,559,070.46 | 0.37% |
| 2010 | $77,272,883.56 | -0.37% |
| 2011 | $78,289,682.66 | 1.32% |
| 2012 | $79,580,904.55 | 1.65% |
| 2013 | $81,237,418.79 | 2.08% |
| 2014 | $83,332,806.10 | 2.58% |
| 2015 | $85,064,027.99 | 2.08% |
| 2016 | $87,176,594.20 | 2.48% |
| 2017 | $89,769,482.76 | 2.97% |
| 2018 | $92,359,760.12 | 2.89% |
| 2019 | $95,030,159.92 | 2.89% |
| 2020 | $97,110,264.87 | 2.19% |
| 2021 | $100,307,273.86 | 3.29% |
| 2022 | $107,483,413.29 | 7.15% |
| 2023 | $114,404,177.91 | 6.44% |
| 2024 | $118,927,976.01 | 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 |