According to the U.S. Bureau of Labor Statistics, prices for housing were 200.97% higher in 2016 versus 1980 (a $126,612,363,826.15 difference in value).
Between 1980 and 2016: Housing experienced an average inflation rate of 3.11% per year. This rate of change indicates significant inflation. In other words, housing costing $63,000,000,000 in the year 1980 would cost $189,612,363,826.15 in 2016 for an equivalent purchase. Compared to the overall inflation rate of 3.01% during this same period, inflation for housing was higher.
In the year 1980: Pricing changed by 15.70%, which is significantly above the average yearly change for housing during the 1980-2016 time period. Compared to inflation for all items in 1980 (13.55%), inflation for housing was higher.
Below are calculations of equivalent buying power for Housing, over time, for $63,000,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1980 | $63,000,000,000.00 | 15.70% |
1981 | $70,233,820,459.29 | 11.48% |
1982 | $75,303,473,144.81 | 7.22% |
1983 | $77,318,181,818.18 | 2.68% |
1984 | $80,528,563,294.74 | 4.15% |
1985 | $83,726,988,043.27 | 3.97% |
1986 | $86,202,030,745.87 | 2.96% |
1987 | $88,766,748,908.71 | 2.98% |
1988 | $92,090,719,301.58 | 3.74% |
1989 | $95,600,018,978.93 | 3.81% |
1990 | $99,892,484,342.38 | 4.49% |
1991 | $103,838,204,592.90 | 3.95% |
1992 | $106,869,235,148.98 | 2.92% |
1993 | $109,750,806,604.67 | 2.70% |
1994 | $112,518,789,144.05 | 2.52% |
1995 | $115,376,447,143.67 | 2.54% |
1996 | $118,742,266,084.65 | 2.92% |
1997 | $121,845,037,008.92 | 2.61% |
1998 | $124,630,954,640.35 | 2.29% |
1999 | $127,369,045,359.65 | 2.20% |
2000 | $131,775,099,639.40 | 3.46% |
2001 | $137,065,951,793.51 | 4.02% |
2002 | $140,102,960,713.61 | 2.22% |
2003 | $143,612,260,390.97 | 2.50% |
2004 | $147,300,910,988.80 | 2.57% |
2005 | $152,113,494,021.64 | 3.27% |
2006 | $157,894,572,025.05 | 3.80% |
2007 | $162,887,701,651.17 | 3.16% |
2008 | $168,077,399,886.13 | 3.19% |
2009 | $168,693,888,783.45 | 0.37% |
2010 | $168,071,421,522.11 | -0.37% |
2011 | $170,282,997,722.53 | 1.32% |
2012 | $173,091,453,786.30 | 1.65% |
2013 | $176,694,434,427.79 | 2.08% |
2014 | $181,251,980,451.70 | 2.58% |
2015 | $185,017,453,027.14 | 2.08% |
2016 | $189,612,363,826.15 | 2.48% |
2017 | $195,251,993,736.95 | 2.97% |
2018 | $200,885,944,201.94 | 2.89% |
2019 | $206,694,163,977.98 | 2.89% |
2020 | $211,218,470,297.97 | 2.19% |
2021 | $218,172,084,835.83 | 3.29% |
2022 | $233,780,457,392.29 | 7.15% |
2023 | $248,833,380,148.04 | 6.44% |
2024 | $256,257,571,645.47 | 2.98%* |
* 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 | 329.724 |