According to the U.S. Bureau of Labor Statistics, prices for housing are 118.24% higher in 2026 versus 1998 (a $9,459,547.89 difference in value).
Between 1998 and 2026: Housing experienced an average inflation rate of 2.83% per year. This rate of change indicates significant inflation. In other words, housing costing $8,000,000 in the year 1998 would cost $17,459,547.89 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for housing was higher.
In the year 1998: Pricing changed by 2.29%, which is below the average yearly change for housing during the 1998-2026 time period. Compared to inflation for all items in 1998 (1.55%), inflation for housing was higher.
Below are calculations of equivalent buying power for Housing, over time, for $8,000,000 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $8,000,000.00 | 2.29% |
| 1999 | $8,175,856.16 | 2.20% |
| 2000 | $8,458,556.36 | 3.46% |
| 2001 | $8,798,212.34 | 4.02% |
| 2002 | $8,993,192.33 | 2.22% |
| 2003 | $9,218,521.02 | 2.51% |
| 2004 | $9,455,490.31 | 2.57% |
| 2005 | $9,764,381.85 | 3.27% |
| 2006 | $10,135,218.00 | 3.80% |
| 2007 | $10,455,891.49 | 3.16% |
| 2008 | $10,789,020.42 | 3.19% |
| 2009 | $10,828,594.29 | 0.37% |
| 2010 | $10,788,637.95 | -0.37% |
| 2011 | $10,930,599.18 | 1.32% |
| 2012 | $11,110,878.76 | 1.65% |
| 2013 | $11,342,156.63 | 2.08% |
| 2014 | $11,634,709.76 | 2.58% |
| 2015 | $11,876,418.44 | 2.08% |
| 2016 | $12,171,366.21 | 2.48% |
| 2017 | $12,533,380.45 | 2.97% |
| 2018 | $12,895,028.84 | 2.89% |
| 2019 | $13,267,860.52 | 2.89% |
| 2020 | $13,558,280.93 | 2.19% |
| 2021 | $14,004,639.61 | 3.29% |
| 2022 | $15,006,554.07 | 7.15% |
| 2023 | $15,972,810.89 | 6.44% |
| 2024 | $16,670,535.78 | 4.37% |
| 2025 | $17,289,111.41 | 3.71% |
| 2026 | $17,459,547.89 | 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 |