According to the U.S. Bureau of Labor Statistics, prices for rent of primary residence were 357.51% higher in 2022 versus 1980 (a $1,101.12 difference in value).
Between 1980 and 2022, Rent experienced an average inflation rate of 3.69% per year. This rate of change indicates significant inflation. In other words, rent costing $308 in the year 1980 would cost $1,409.12 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.06% during this same period, inflation for rent was higher.
In the year 1980: Pricing changed by 8.84%, which is significantly above the average yearly change for rent during the 1980-2022 time period. Compared to inflation for all items in 1980 (13.55%), inflation for rent was much lower.
Rent prices are up 2.8% over the past year, but your own inflation rate depends on everything you buy. The personal inflation calculator works it out from your budget.
Below are calculations of equivalent buying power for Rent, over time, for $308 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1980 | $308.00 | 8.84% |
| 1981 | $334.74 | 8.68% |
| 1982 | $360.18 | 7.60% |
| 1983 | $380.99 | 5.78% |
| 1984 | $400.78 | 5.20% |
| 1985 | $425.40 | 6.14% |
| 1986 | $450.20 | 5.83% |
| 1987 | $468.76 | 4.12% |
| 1988 | $486.61 | 3.81% |
| 1989 | $505.52 | 3.89% |
| 1990 | $526.84 | 4.22% |
| 1991 | $545.52 | 3.55% |
| 1992 | $559.19 | 2.51% |
| 1993 | $572.26 | 2.34% |
| 1994 | $586.22 | 2.44% |
| 1995 | $600.55 | 2.45% |
| 1996 | $616.44 | 2.65% |
| 1997 | $634.40 | 2.91% |
| 1998 | $654.98 | 3.25% |
| 1999 | $675.57 | 3.14% |
| 2000 | $700.09 | 3.63% |
| 2001 | $731.27 | 4.45% |
| 2002 | $760.01 | 3.93% |
| 2003 | $782.28 | 2.93% |
| 2004 | $803.24 | 2.68% |
| 2005 | $827.29 | 2.99% |
| 2006 | $856.79 | 3.57% |
| 2007 | $893.28 | 4.26% |
| 2008 | $925.98 | 3.66% |
| 2009 | $947.07 | 2.28% |
| 2010 | $949.26 | 0.23% |
| 2011 | $965.44 | 1.71% |
| 2012 | $991.06 | 2.65% |
| 2013 | $1,019.06 | 2.83% |
| 2014 | $1,051.18 | 3.15% |
| 2015 | $1,088.75 | 3.57% |
| 2016 | $1,129.81 | 3.77% |
| 2017 | $1,172.91 | 3.81% |
| 2018 | $1,215.34 | 3.62% |
| 2019 | $1,260.38 | 3.71% |
| 2020 | $1,299.76 | 3.12% |
| 2021 | $1,328.94 | 2.25% |
| 2022 | $1,409.12 | 6.03% |
| 2023 | $1,521.19 | 7.95% |
| 2024 | $1,598.91 | 5.11% |
| 2025 | $1,656.41 | 3.60% |
| 2026 | $1,696.99 | 2.45%* |
* 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 Rent of primary residence:
| Year | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 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 | 21.000 | 21.017 | 21.217 | 21.367 | 21.083 | 22.692 | 26.358 | 31.108 | 32.350 | 33.142 | 34.350 | 34.592 | 34.308 | 33.792 | 33.033 | 32.242 | 31.458 | 30.025 | 27.325 | 23.458 | 21.527 | 21.369 | 21.833 | 22.800 | 23.642 | 23.700 | 23.733 | 24.150 | 24.692 | 24.692 | 24.750 | 24.808 | 24.958 | 25.792 | 27.500 | 28.692 | 29.758 | 30.925 | 32.217 | 33.908 | 35.117 | 35.608 | 36.258 | 36.958 | 37.642 | 38.175 | 38.742 | 39.233 | 39.717 | 40.117 | 40.533 | 40.933 | 41.492 | 42.242 | 43.250 | 44.650 | 46.500 | 48.650 | 50.325 | 52.525 | 55.150 | 58.000 | 61.142 | 64.817 | 69.275 | 74.342 | 80.917 | 87.942 | 94.625 | 100.092 | 105.292 | 111.758 | 118.275 | 123.150 | 127.842 | 132.808 | 138.408 | 143.317 | 146.908 | 150.342 | 154.008 | 157.775 | 161.950 | 166.667 | 172.075 | 177.483 | 183.925 | 192.117 | 199.667 | 205.517 | 211.025 | 217.342 | 225.092 | 234.679 | 243.271 | 248.812 | 249.385 | 253.638 | 260.367 | 267.725 | 276.162 | 286.032 | 296.820 | 308.143 | 319.289 | 331.124 | 341.468 | 349.135 | 370.199 | 399.643 | 420.060 | 435.166 | 445.828 |