According to the U.S. Bureau of Labor Statistics, prices for housing are 713.36% higher in 2022 versus 1970 (a $21,400.92 difference in value).
Between 1970 and 2022: Housing experienced an average inflation rate of 4.11% per year. This rate of change indicates significant inflation. In other words, housing costing $3,000 in the year 1970 would cost $24,400.92 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for housing was higher.
In the year 1970: Pricing changed by 6.93%, which is above the average yearly change for housing during the 1970-2022 time period. Compared to inflation for all items in 1970 (5.83%), inflation for housing was higher.
Below are calculations of equivalent buying power for Housing, over time, for $3,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1970 | $3,000.00 | 6.93% |
| 1971 | $3,133.36 | 4.45% |
| 1972 | $3,255.04 | 3.88% |
| 1973 | $3,396.65 | 4.35% |
| 1974 | $3,778.19 | 11.23% |
| 1975 | $4,176.90 | 10.55% |
| 1976 | $4,433.32 | 6.14% |
| 1977 | $4,735.79 | 6.82% |
| 1978 | $5,150.32 | 8.75% |
| 1979 | $5,778.64 | 12.20% |
| 1980 | $6,685.38 | 15.69% |
| 1981 | $7,454.63 | 11.51% |
| 1982 | $7,992.21 | 7.21% |
| 1983 | $8,205.32 | 2.67% |
| 1984 | $8,546.98 | 4.16% |
| 1985 | $8,885.20 | 3.96% |
| 1986 | $9,147.80 | 2.96% |
| 1987 | $9,426.21 | 3.04% |
| 1988 | $9,775.44 | 3.70% |
| 1989 | $10,146.65 | 3.80% |
| 1990 | $10,604.49 | 4.51% |
| 1991 | $11,021.08 | 3.93% |
| 1992 | $11,342.12 | 2.91% |
| 1993 | $11,650.09 | 2.72% |
| 1994 | $11,942.94 | 2.51% |
| 1995 | $12,245.42 | 2.53% |
| 1996 | $12,604.26 | 2.93% |
| 1997 | $12,934.23 | 2.62% |
| 1998 | $13,229.84 | 2.29% |
| 1999 | $13,520.62 | 2.20% |
| 2000 | $13,988.77 | 3.46% |
| 2001 | $14,547.66 | 4.00% |
| 2002 | $14,870.07 | 2.22% |
| 2003 | $15,244.73 | 2.52% |
| 2004 | $15,635.88 | 2.57% |
| 2005 | $16,145.28 | 3.26% |
| 2006 | $16,759.17 | 3.80% |
| 2007 | $17,289.12 | 3.16% |
| 2008 | $17,839.56 | 3.18% |
| 2009 | $17,905.78 | 0.37% |
| 2010 | $17,839.43 | -0.37% |
| 2011 | $18,074.59 | 1.32% |
| 2012 | $18,372.36 | 1.65% |
| 2013 | $18,754.79 | 2.08% |
| 2014 | $19,238.61 | 2.58% |
| 2015 | $19,638.35 | 2.08% |
| 2016 | $20,126.27 | 2.48% |
| 2017 | $20,724.84 | 2.97% |
| 2018 | $21,322.62 | 2.88% |
| 2019 | $21,938.57 | 2.89% |
| 2020 | $22,419.49 | 2.19% |
| 2021 | $23,157.36 | 3.29% |
| 2022 | $24,400.92 | 5.37%* |
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 |
| 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 | 216.254 | 219.104 | 222.714 | 227.350 | 233.215 | 238.060 | 243.975 | 251.231 | 258.478 | 265.944 | 271.774 | 280.719 | 295.793 |