According to the U.S. Bureau of Labor Statistics, prices for housing were 546.12% higher in 2019 versus 1973 (a $138,713,619,884.13 difference in value).
Between 1973 and 2019: Housing experienced an average inflation rate of 4.14% per year. This rate of change indicates significant inflation. In other words, housing costing $25,400,000,000 in the year 1973 would cost $164,113,619,884.13 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 3.88% during this same period, inflation for housing was higher.
In the year 1973: Pricing changed by 4.29%, which is above the average yearly change for housing during the 1973-2019 time period. Compared to inflation for all items in 1973 (6.18%), inflation for housing was lower.
Below are calculations of equivalent buying power for Housing, over time, for $25,400,000,000 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1973 | $25,400,000,000.00 | 4.29% |
1974 | $28,267,052,887.31 | 11.29% |
1975 | $31,248,028,405.91 | 10.55% |
1976 | $33,175,219,585.12 | 6.17% |
1977 | $35,434,685,105.59 | 6.81% |
1978 | $38,543,823,584.38 | 8.77% |
1979 | $43,233,638,572.23 | 12.17% |
1980 | $50,021,528,686.23 | 15.70% |
1981 | $55,765,128,013.46 | 11.48% |
1982 | $59,790,394,318.82 | 7.22% |
1983 | $61,390,057,933.10 | 2.68% |
1984 | $63,939,076,808.07 | 4.15% |
1985 | $66,478,602,130.44 | 3.97% |
1986 | $68,443,767,520.09 | 2.96% |
1987 | $70,480,134,554.29 | 2.98% |
1988 | $73,119,342,179.03 | 3.74% |
1989 | $75,905,699,869.18 | 3.81% |
1990 | $79,313,885,255.09 | 4.49% |
1991 | $82,446,757,615.40 | 3.95% |
1992 | $84,853,373,201.27 | 2.92% |
1993 | $87,141,319,379.56 | 2.70% |
1994 | $89,339,076,808.07 | 2.52% |
1995 | $91,608,035,881.14 | 2.54% |
1996 | $94,280,470,940.01 | 2.92% |
1997 | $96,744,047,841.52 | 2.61% |
1998 | $98,956,045,598.95 | 2.29% |
1999 | $101,130,069,145.95 | 2.20% |
2000 | $104,628,443,281.63 | 3.46% |
2001 | $108,829,340,310.22 | 4.02% |
2002 | $111,240,702,672.40 | 2.22% |
2003 | $114,027,060,362.55 | 2.50% |
2004 | $116,955,821,341.81 | 2.57% |
2005 | $120,776,976,266.12 | 3.27% |
2006 | $125,367,108,951.60 | 3.80% |
2007 | $129,331,616,520.28 | 3.16% |
2008 | $133,452,198,093.81 | 3.19% |
2009 | $133,941,685,666.23 | 0.37% |
2010 | $133,447,451,317.51 | -0.37% |
2011 | $135,203,426,275.46 | 1.32% |
2012 | $137,433,319,379.56 | 1.65% |
2013 | $140,294,059,054.38 | 2.08% |
2014 | $143,912,716,501.59 | 2.58% |
2015 | $146,902,473,556.34 | 2.08% |
2016 | $150,550,798,355.45 | 2.48% |
2017 | $155,028,622,313.59 | 2.97% |
2018 | $159,501,936,834.24 | 2.89% |
2019 | $164,113,619,884.13 | 2.89% |
2020 | $167,705,885,255.09 | 2.19% |
2021 | $173,227,003,176.98 | 3.29% |
2022 | $185,619,934,217.90 | 7.15% |
2023 | $197,571,842,272.47 | 6.44% |
2024 | $202,996,790,506.45 | 2.75%* |
* 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 | 328.963 |