Housing priced at $20 in 2004 $28.06 in 2019

Housing Inflation Calculator

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Prices for Housing, 2004-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for housing were 40.32% higher in 2019 versus 2004 (a $8.06 difference in value).

Between 2004 and 2019: Housing experienced an average inflation rate of 2.28% per year. This rate of change indicates significant inflation. In other words, housing costing $20 in the year 2004 would cost $28.06 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.04% during this same period, inflation for housing was higher.

In the year 2004: Pricing changed by 2.57%, which is above the average yearly change for housing during the 2004-2019 time period. Compared to inflation for all items in 2004 (2.68%), 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 $20.00 since 2004

Below are calculations of equivalent buying power for Housing, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2004$20.002.57%
2005$20.653.27%
2006$21.443.80%
2007$22.123.16%
2008$22.823.19%
2009$22.900.37%
2010$22.82-0.37%
2011$23.121.32%
2012$23.501.65%
2013$23.992.08%
2014$24.612.58%
2015$25.122.08%
2016$25.742.48%
2017$26.512.97%
2018$27.282.89%
2019$28.062.89%
2020$28.682.19%
2021$29.623.29%
2022$31.747.15%
2023$33.796.44%
2024$34.712.75%*

* 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 2019 / CPI in 2004 * 2004 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Housing was 189.531 in the year 2004 and 265.952 in 2019:

265.952 / 189.531 * $20 = $28.06

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $28.06 in 2019 (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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