According to the U.S. Bureau of Labor Statistics, prices for housing are 191.43% higher in 2025 versus 1988 (a $1,340,029.89 difference in value).
Between 1988 and 2025: Housing experienced an average inflation rate of 2.93% per year. This rate of change indicates significant inflation. In other words, housing costing $700,000 in the year 1988 would cost $2,040,029.89 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.74% 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 1988-2025 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 $700,000 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 | $700,000.00 | 3.74% |
| 1989 | $726,674.89 | 3.81% |
| 1990 | $759,302.78 | 4.49% |
| 1991 | $789,294.99 | 3.95% |
| 1992 | $812,334.46 | 2.92% |
| 1993 | $834,237.86 | 2.70% |
| 1994 | $855,277.85 | 2.52% |
| 1995 | $876,999.48 | 2.54% |
| 1996 | $902,583.74 | 2.92% |
| 1997 | $926,168.53 | 2.61% |
| 1998 | $947,344.85 | 2.29% |
| 1999 | $968,157.62 | 2.20% |
| 2000 | $1,001,648.92 | 3.46% |
| 2001 | $1,041,865.75 | 4.02% |
| 2002 | $1,064,950.66 | 2.22% |
| 2003 | $1,091,625.55 | 2.50% |
| 2004 | $1,119,663.72 | 2.57% |
| 2005 | $1,156,245.13 | 3.27% |
| 2006 | $1,200,188.26 | 3.80% |
| 2007 | $1,238,142.04 | 3.16% |
| 2008 | $1,277,589.98 | 3.19% |
| 2009 | $1,282,276.03 | 0.37% |
| 2010 | $1,277,544.53 | -0.37% |
| 2011 | $1,294,355.17 | 1.32% |
| 2012 | $1,315,702.80 | 1.65% |
| 2013 | $1,343,089.78 | 2.08% |
| 2014 | $1,377,732.60 | 2.58% |
| 2015 | $1,406,354.71 | 2.08% |
| 2016 | $1,441,281.55 | 2.48% |
| 2017 | $1,484,149.51 | 2.97% |
| 2018 | $1,526,974.29 | 2.89% |
| 2019 | $1,571,123.73 | 2.89% |
| 2020 | $1,605,513.89 | 2.19% |
| 2021 | $1,658,369.71 | 3.29% |
| 2022 | $1,777,012.07 | 7.15% |
| 2023 | $1,891,432.36 | 6.44% |
| 2024 | $1,974,053.62 | 4.37% |
| 2025 | $2,040,029.89 | 3.34%* |
* 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 |
| 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 | 334.157 | 345.325 |