According to the U.S. Bureau of Labor Statistics, prices for shelter are 126.53% higher in 2024 versus 1997 (a $25.31 difference in value).
Between 1997 and 2024: Shelter experienced an average inflation rate of 3.07% per year. This rate of change indicates significant inflation. In other words, shelter costing $20 in the year 1997 would cost $45.31 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for shelter was higher.
In the year 1997: Pricing changed by 3.07%, which is below the average yearly change for shelter during the 1997-2024 time period. Compared to inflation for all items in 1997 (2.33%), inflation for shelter was higher.
Below are calculations of equivalent buying power for Shelter, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1997 | $20.00 | 3.07% |
| 1998 | $20.66 | 3.31% |
| 1999 | $21.25 | 2.83% |
| 2000 | $21.94 | 3.25% |
| 2001 | $22.76 | 3.73% |
| 2002 | $23.61 | 3.75% |
| 2003 | $24.18 | 2.41% |
| 2004 | $24.83 | 2.69% |
| 2005 | $25.46 | 2.55% |
| 2006 | $26.34 | 3.43% |
| 2007 | $27.30 | 3.65% |
| 2008 | $27.99 | 2.52% |
| 2009 | $28.29 | 1.09% |
| 2010 | $28.18 | -0.38% |
| 2011 | $28.55 | 1.31% |
| 2012 | $29.17 | 2.16% |
| 2013 | $29.85 | 2.32% |
| 2014 | $30.69 | 2.83% |
| 2015 | $31.63 | 3.06% |
| 2016 | $32.70 | 3.38% |
| 2017 | $33.79 | 3.32% |
| 2018 | $34.91 | 3.31% |
| 2019 | $36.09 | 3.38% |
| 2020 | $36.97 | 2.46% |
| 2021 | $37.96 | 2.67% |
| 2022 | $40.19 | 5.88% |
| 2023 | $43.19 | 7.45% |
| 2024 | $45.31 | 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 |