According to the U.S. Bureau of Labor Statistics, prices for housing are 195.36% higher in 2026 versus 1988 (a $1,328,425.12 difference in value).
Between 1988 and 2026: Housing experienced an average inflation rate of 2.89% per year. This rate of change indicates significant inflation. In other words, housing costing $680,000 in the year 1988 would cost $2,008,425.12 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.69% during this same period, inflation for housing was higher.
In the year 1988: Pricing changed by 3.74%, which is above the average yearly change for housing during the 1988-2026 time period. Compared to inflation for all items in 1988 (4.08%), inflation for housing was lower.
Below are calculations of equivalent buying power for Housing, over time, for $680,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1988 | $680,000.00 | 3.74% |
| 1989 | $705,920.25 | 3.81% |
| 1990 | $737,627.12 | 4.49% |
| 1991 | $766,751.53 | 3.95% |
| 1992 | $789,132.85 | 2.92% |
| 1993 | $810,414.23 | 2.70% |
| 1994 | $830,834.80 | 2.52% |
| 1995 | $851,924.89 | 2.54% |
| 1996 | $876,793.02 | 2.92% |
| 1997 | $899,700.40 | 2.61% |
| 1998 | $920,264.43 | 2.29% |
| 1999 | $940,493.71 | 2.20% |
| 2000 | $973,013.57 | 3.46% |
| 2001 | $1,012,085.24 | 4.02% |
| 2002 | $1,034,514.38 | 2.22% |
| 2003 | $1,060,434.63 | 2.51% |
| 2004 | $1,087,693.93 | 2.57% |
| 2005 | $1,123,226.67 | 3.27% |
| 2006 | $1,165,885.08 | 3.80% |
| 2007 | $1,202,773.13 | 3.16% |
| 2008 | $1,241,093.97 | 3.19% |
| 2009 | $1,245,646.28 | 0.37% |
| 2010 | $1,241,049.98 | -0.37% |
| 2011 | $1,257,380.21 | 1.32% |
| 2012 | $1,278,118.32 | 1.65% |
| 2013 | $1,304,722.92 | 2.08% |
| 2014 | $1,338,376.20 | 2.58% |
| 2015 | $1,366,180.69 | 2.08% |
| 2016 | $1,400,109.43 | 2.48% |
| 2017 | $1,441,753.03 | 2.97% |
| 2018 | $1,483,354.55 | 2.89% |
| 2019 | $1,526,242.52 | 2.89% |
| 2020 | $1,559,650.47 | 2.19% |
| 2021 | $1,610,996.47 | 3.29% |
| 2022 | $1,726,249.75 | 7.15% |
| 2023 | $1,837,401.22 | 6.44% |
| 2024 | $1,917,662.65 | 4.37% |
| 2025 | $1,988,819.29 | 3.71% |
| 2026 | $2,008,425.12 | 0.99%* |
* 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 | 2025 | 2026 |
| CPI | 30.783 | 32.033 | 34.000 | 36.400 | 37.983 | 39.475 | 41.158 | 45.808 | 50.633 | 53.758 | 57.425 | 62.467 | 70.058 | 81.058 | 90.367 | 96.892 | 99.483 | 103.617 | 107.733 | 110.917 | 114.217 | 118.492 | 123.008 | 128.533 | 133.608 | 137.508 | 141.217 | 144.775 | 148.450 | 152.783 | 156.775 | 160.358 | 163.883 | 169.550 | 176.358 | 180.267 | 184.783 | 189.533 | 195.725 | 203.158 | 209.586 | 216.264 | 217.057 | 216.256 | 219.102 | 222.715 | 227.351 | 233.215 | 238.060 | 243.972 | 251.229 | 258.478 | 265.952 | 271.773 | 280.720 | 300.803 | 320.172 | 334.157 | 346.557 | 349.973 |