According to the U.S. Bureau of Labor Statistics, prices for housing were 56.68% higher in 2019 versus 2000 (a $56,675.91 difference in value).
Between 2000 and 2019: Housing experienced an average inflation rate of 2.39% per year. This rate of change indicates significant inflation. In other words, housing costing $100,000 in the year 2000 would cost $156,675.91 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for housing was higher.
In the year 2000: Pricing changed by 3.46%, which is above the average yearly change for housing during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for housing was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Housing:
Year | 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 |
CPI | 30.792 | 32.025 | 34.008 | 36.367 | 37.983 | 39.458 | 41.175 | 45.800 | 50.633 | 53.742 | 57.408 | 62.433 | 70.050 | 81.042 | 90.367 | 96.883 | 99.467 | 103.608 | 107.708 | 110.892 | 114.267 | 118.500 | 123.000 | 128.550 | 133.600 | 137.492 | 141.225 | 144.775 | 148.442 | 152.792 | 156.792 | 160.375 | 163.900 | 169.575 | 176.350 | 180.258 | 184.800 | 189.542 | 195.717 | 203.158 | 209.583 | 216.255 | 217.058 | 216.253 | 219.104 | 222.714 | 227.350 | 233.215 | 238.061 | 243.974 | 251.231 | 258.479 | 265.683 |
Below are calculations of equivalent buying power for Housing, over time, for $100000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $100,000.00 | 3.46% |
2001 | $103,995.28 | 4.00% |
2002 | $106,300.06 | 2.22% |
2003 | $108,978.33 | 2.52% |
2004 | $111,774.53 | 2.57% |
2005 | $115,415.99 | 3.26% |
2006 | $119,804.41 | 3.80% |
2007 | $123,592.85 | 3.16% |
2008 | $127,527.69 | 3.18% |
2009 | $128,001.08 | 0.37% |
2010 | $127,526.76 | -0.37% |
2011 | $129,207.87 | 1.32% |
2012 | $131,336.48 | 1.65% |
2013 | $134,070.32 | 2.08% |
2014 | $137,528.97 | 2.58% |
2015 | $140,386.80 | 2.08% |
2016 | $143,873.85 | 2.48% |
2017 | $148,153.03 | 2.97% |
2018 | $152,427.69 | 2.89% |
2019 | $156,675.91 | 2.79%* |