Housing priced at $1 in 1993 $1.03 in 1994

Housing Inflation Calculator

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Prices for Housing, 1993-1994 ($1)

According to the U.S. Bureau of Labor Statistics, prices for housing were 2.52% higher in 1994 versus 1993 (a $0.03 difference in value).

Between 1993 and 1994: Housing experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, housing costing $1 in the year 1993 would cost $1.03 in 1994 for an equivalent purchase. Compared to the overall inflation rate of 2.60% during this same period, inflation for housing was lower.

In the year 1993: Pricing changed by 2.70%, which is above the average yearly change for housing during the 1993-1994 time period. Compared to inflation for all items in 1993 (2.95%), inflation for housing was lower.

Price Inflation for Housing since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (15.70%), 1979 (12.17%), and 1981 (11.48%).

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Buying power of $1.00 since 1993

Below are calculations of equivalent buying power for Housing, over time, for $1 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$1.002.70%
1994$1.032.52%
1995$1.052.54%
1996$1.082.92%
1997$1.112.61%
1998$1.142.29%
1999$1.162.20%
2000$1.203.46%
2001$1.254.02%
2002$1.282.22%
2003$1.312.50%
2004$1.342.57%
2005$1.393.27%
2006$1.443.80%
2007$1.483.16%
2008$1.533.19%
2009$1.540.37%
2010$1.53-0.37%
2011$1.551.32%
2012$1.581.65%
2013$1.612.08%
2014$1.652.58%
2015$1.692.08%
2016$1.732.48%
2017$1.782.97%
2018$1.832.89%
2019$1.882.89%
2020$1.922.19%
2021$1.993.29%
2022$2.137.15%
2023$2.276.44%
2024$2.332.75%*

* 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:

Year1967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI30.78532.03134.00036.40037.98539.46941.16245.80850.63853.76257.42362.46270.06281.06290.36996.89299.485103.615107.731110.915114.215118.492123.008128.531133.608137.508141.215144.777148.454152.785156.777160.362163.885169.554176.362180.269184.785189.531195.723203.162209.586216.264217.057216.256219.102222.715227.351233.215238.060243.973251.229258.478265.952271.773280.720300.803320.172328.963

Adjust housing prices for inflation

Start with the inflation rate formula:

CPI in 1994 / CPI in 1993 * 1993 USD value = 1994 USD value

Then plug in historical CPI values from above. The CPI for Housing was 141.215 in the year 1993 and 144.777 in 1994:

144.777 / 141.215 * $1 = $1.03

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1993 has the same "purchasing power" as $1.03 in 1994 (in the CPI category of Housing).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Housing in 1967. In addition to housing, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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