According to the U.S. Bureau of Labor Statistics, prices for housing are 156.53% higher in 2024 versus 1990 (a $21,132,007 difference in value).
Between 1990 and 2024: Housing experienced an average inflation rate of 2.81% per year. This rate of change indicates significant inflation. In other words, housing costing $13,500,000 in the year 1990 would cost $34,632,007 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation for housing was higher.
In the year 1990: Pricing changed by 4.49%, which is above the average yearly change for housing during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), inflation for housing was lower.
Below are calculations of equivalent buying power for Housing, over time, for $13,500,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1990 | $13,500,000.00 | 4.49% |
1991 | $14,033,245.56 | 3.95% |
1992 | $14,442,875.10 | 2.92% |
1993 | $14,832,305.94 | 2.70% |
1994 | $15,206,385.78 | 2.52% |
1995 | $15,592,584.83 | 2.54% |
1996 | $16,047,459.45 | 2.92% |
1997 | $16,466,784.37 | 2.61% |
1998 | $16,843,288.05 | 2.29% |
1999 | $17,213,328.15 | 2.20% |
2000 | $17,808,785.68 | 3.46% |
2001 | $18,523,819.50 | 4.02% |
2002 | $18,934,256.99 | 2.22% |
2003 | $19,408,522.35 | 2.50% |
2004 | $19,907,026.15 | 2.57% |
2005 | $20,557,424.14 | 3.27% |
2006 | $21,338,709.68 | 3.80% |
2007 | $22,013,507.69 | 3.16% |
2008 | $22,714,871.03 | 3.19% |
2009 | $22,798,186.61 | 0.37% |
2010 | $22,714,063.08 | -0.37% |
2011 | $23,012,947.21 | 1.32% |
2012 | $23,392,496.86 | 1.65% |
2013 | $23,879,422.77 | 2.08% |
2014 | $24,495,353.70 | 2.58% |
2015 | $25,004,239.63 | 2.08% |
2016 | $25,625,220.24 | 2.48% |
2017 | $26,387,389.73 | 2.97% |
2018 | $27,148,791.67 | 2.89% |
2019 | $27,933,745.29 | 2.89% |
2020 | $28,545,184.03 | 2.19% |
2021 | $29,484,932.37 | 3.29% |
2022 | $31,594,330.60 | 7.15% |
2023 | $33,628,662.40 | 6.44% |
2024 | $34,632,007.00 | 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 |