Owners' equivalent rent of residences priced at $20 in 2001 $34.62 in 2022

Owners' Equivalent Rent Of Residences Inflation Calculator

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Prices for Owners' Equivalent Rent Of Residences, 2001-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for owners' equivalent rent of residences are 73.11% higher in 2022 versus 2001 (a $14.62 difference in value).

Between 2001 and 2022: Owners' equivalent rent of residences experienced an average inflation rate of 2.65% per year. This rate of change indicates significant inflation. In other words, owners' equivalent rent of residences costing $20 in the year 2001 would cost $34.62 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.37% during this same period, inflation for owners' equivalent rent of residences was higher.

In the year 2001: Pricing changed by 3.84%, which is above the average yearly change for owners' equivalent rent of residences during the 2001-2022 time period. Compared to inflation for all items in 2001 (2.83%), inflation for owners' equivalent rent of residences was higher.

Price Inflation for Owners' equivalent rent of residences since 1982

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1986 (5.50%), 1985 (5.46%), and 1990 (5.39%).

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Buying power of $20.00 since 2001

Below are calculations of equivalent buying power for Owners' equivalent rent of residences, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$20.003.84%
2002$20.824.08%
2003$21.322.43%
2004$21.812.27%
2005$22.312.33%
2006$23.093.49%
2007$23.873.38%
2008$24.472.51%
2009$24.881.66%
2010$24.88-0.01%
2011$25.171.16%
2012$25.682.03%
2013$26.242.21%
2014$26.942.64%
2015$27.722.91%
2016$28.643.30%
2017$29.583.30%
2018$30.553.29%
2019$31.573.33%
2020$32.462.81%
2021$33.292.58%
2022$34.623.99%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Owners' equivalent rent of residences:

Year19821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000102.492107.308113.162119.385124.823131.123137.400144.800150.423155.523160.515165.785171.331176.777181.892187.800192.923198.662206.285214.700219.923224.923230.154238.177246.235252.426256.610256.584259.570264.838270.685277.832285.926295.365305.100315.151325.635334.776343.400357.103

Adjust owners' equivalent rent of residences prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2001 * 2001 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Owners' equivalent rent of residences was 206.285 in the year 2001 and 357.103 in 2022:

357.103 / 206.285 * $20 = $34.62

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $34.62 in 2022 (in the CPI category of Owners' equivalent rent of residences).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Owners' equivalent rent of residences in 1982. In addition to owners' equivalent rent of residences, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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