According to the U.S. Bureau of Labor Statistics, prices for shelter are 1,451.93% higher in 2024 versus 1962 (a $290.39 difference in value).
Between 1962 and 2024: Shelter experienced an average inflation rate of 4.52% per year. This rate of change indicates significant inflation. In other words, shelter costing $20 in the year 1962 would cost $310.39 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.84% during this same period, inflation for shelter was higher.
In the year 1962: Pricing changed by 1.12%, which is significantly below the average yearly change for shelter during the 1962-2024 time period. Compared to inflation for all items in 1962 (1.18%), inflation for shelter was lower.
Below are calculations of equivalent buying power for Shelter, over time, for $20 beginning in 1962. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1962 | $20.00 | 1.12% |
| 1963 | $20.26 | 1.32% |
| 1964 | $20.60 | 1.65% |
| 1965 | $20.98 | 1.86% |
| 1966 | $21.61 | 2.99% |
| 1967 | $22.36 | 3.49% |
| 1968 | $23.42 | 4.73% |
| 1969 | $25.32 | 8.12% |
| 1970 | $27.62 | 9.09% |
| 1971 | $28.78 | 4.18% |
| 1972 | $30.06 | 4.47% |
| 1973 | $31.46 | 4.65% |
| 1974 | $34.52 | 9.71% |
| 1975 | $37.93 | 9.87% |
| 1976 | $40.01 | 5.50% |
| 1977 | $42.71 | 6.74% |
| 1978 | $47.02 | 10.09% |
| 1979 | $53.55 | 13.90% |
| 1980 | $62.95 | 17.55% |
| 1981 | $70.33 | 11.72% |
| 1982 | $75.31 | 7.08% |
| 1983 | $77.05 | 2.31% |
| 1984 | $80.83 | 4.90% |
| 1985 | $85.36 | 5.60% |
| 1986 | $90.03 | 5.47% |
| 1987 | $94.24 | 4.68% |
| 1988 | $98.78 | 4.82% |
| 1989 | $103.25 | 4.52% |
| 1990 | $108.81 | 5.39% |
| 1991 | $113.70 | 4.49% |
| 1992 | $117.52 | 3.36% |
| 1993 | $121.05 | 3.00% |
| 1994 | $124.77 | 3.08% |
| 1995 | $128.78 | 3.22% |
| 1996 | $132.94 | 3.23% |
| 1997 | $137.02 | 3.07% |
| 1998 | $141.55 | 3.31% |
| 1999 | $145.55 | 2.83% |
| 2000 | $150.29 | 3.25% |
| 2001 | $155.89 | 3.73% |
| 2002 | $161.75 | 3.75% |
| 2003 | $165.65 | 2.41% |
| 2004 | $170.10 | 2.69% |
| 2005 | $174.44 | 2.55% |
| 2006 | $180.43 | 3.43% |
| 2007 | $187.02 | 3.65% |
| 2008 | $191.73 | 2.52% |
| 2009 | $193.82 | 1.09% |
| 2010 | $193.07 | -0.38% |
| 2011 | $195.60 | 1.31% |
| 2012 | $199.83 | 2.16% |
| 2013 | $204.47 | 2.32% |
| 2014 | $210.26 | 2.83% |
| 2015 | $216.71 | 3.06% |
| 2016 | $224.04 | 3.38% |
| 2017 | $231.48 | 3.32% |
| 2018 | $239.14 | 3.31% |
| 2019 | $247.22 | 3.38% |
| 2020 | $253.30 | 2.46% |
| 2021 | $260.06 | 2.67% |
| 2022 | $275.34 | 5.88% |
| 2023 | $295.87 | 7.45% |
| 2024 | $310.39 | 4.91%* |
* 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 Shelter:
| Year | 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 |
| CPI | 21.600 | 22.000 | 22.485 | 22.746 | 23.123 | 23.962 | 24.469 | 24.731 | 25.231 | 25.446 | 25.731 | 26.069 | 26.500 | 26.992 | 27.800 | 28.769 | 30.131 | 32.577 | 35.538 | 37.023 | 38.677 | 40.477 | 44.408 | 48.792 | 51.477 | 54.946 | 60.492 | 68.900 | 80.992 | 90.485 | 96.892 | 99.131 | 103.992 | 109.815 | 115.823 | 121.246 | 127.085 | 132.831 | 139.985 | 146.277 | 151.192 | 155.731 | 160.523 | 165.685 | 171.031 | 176.277 | 182.108 | 187.262 | 193.354 | 200.562 | 208.092 | 213.115 | 218.838 | 224.423 | 232.131 | 240.611 | 246.666 | 249.354 | 248.396 | 251.646 | 257.083 | 263.056 | 270.513 | 278.803 | 288.230 | 297.803 | 307.663 | 318.053 | 325.886 | 334.575 | 354.235 | 380.643 | 399.325 |