According to the U.S. Bureau of Labor Statistics, prices for housing were 17.97% higher in 2018 versus 2011 (a $62.90 difference in value).
Between 2011 and 2018: Housing experienced an average inflation rate of 2.39% per year. This rate of change indicates significant inflation. In other words, housing costing $350 in the year 2011 would cost $412.90 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.58% during this same period, inflation for housing was higher.
In the year 2011: Pricing changed by 1.32%, which is below the average yearly change for housing during the 2011-2018 time period. Compared to inflation for all items in 2011 (3.16%), inflation for housing was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Housing:
Below are calculations of equivalent buying power for Housing, over time, for $350 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|