According to the U.S. Bureau of Labor Statistics, prices for housing are 869.78% higher in 2024 versus 1969 (a $389,660,298.04 difference in value).
Between 1969 and 2024: Housing experienced an average inflation rate of 4.22% per year. This rate of change indicates significant inflation. In other words, housing costing $44,800,000 in the year 1969 would cost $434,460,298.04 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.96% during this same period, inflation for housing was higher.
In the year 1969: Pricing changed by 6.15%, which is above the average yearly change for housing during the 1969-2024 time period. Compared to inflation for all items in 1969 (5.46%), inflation for housing was higher.
Below are calculations of equivalent buying power for Housing, over time, for $44,800,000 beginning in 1969. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1969 | $44,800,000.00 | 6.15% |
1970 | $47,962,352.94 | 7.06% |
1971 | $50,050,316.74 | 4.35% |
1972 | $52,006,515.84 | 3.91% |
1973 | $54,236,380.09 | 4.29% |
1974 | $60,358,371.04 | 11.29% |
1975 | $66,723,619.91 | 10.55% |
1976 | $70,838,733.03 | 6.17% |
1977 | $75,663,348.42 | 6.81% |
1978 | $82,302,262.44 | 8.77% |
1979 | $92,316,380.09 | 12.17% |
1980 | $106,810,497.74 | 15.70% |
1981 | $119,074,751.13 | 11.48% |
1982 | $127,669,864.25 | 7.22% |
1983 | $131,085,610.86 | 2.68% |
1984 | $136,528,506.79 | 4.15% |
1985 | $141,951,131.22 | 3.97% |
1986 | $146,147,330.32 | 2.96% |
1987 | $150,495,565.61 | 2.98% |
1988 | $156,131,040.72 | 3.74% |
1989 | $162,080,723.98 | 3.81% |
1990 | $169,358,190.05 | 4.49% |
1991 | $176,047,782.81 | 3.95% |
1992 | $181,186,606.33 | 2.92% |
1993 | $186,072,036.20 | 2.70% |
1994 | $190,764,886.88 | 2.52% |
1995 | $195,609,773.76 | 2.54% |
1996 | $201,316,199.10 | 2.92% |
1997 | $206,576,651.58 | 2.61% |
1998 | $211,299,909.50 | 2.29% |
1999 | $215,942,081.45 | 2.20% |
2000 | $223,412,126.70 | 3.46% |
2001 | $232,382,262.44 | 4.02% |
2002 | $237,531,221.72 | 2.22% |
2003 | $243,480,904.98 | 2.50% |
2004 | $249,734,660.63 | 2.57% |
2005 | $257,893,936.65 | 3.27% |
2006 | $267,695,203.62 | 3.80% |
2007 | $276,160,579.19 | 3.16% |
2008 | $284,959,218.10 | 3.19% |
2009 | $286,004,416.29 | 0.37% |
2010 | $284,949,082.35 | -0.37% |
2011 | $288,698,599.10 | 1.32% |
2012 | $293,460,068.78 | 1.65% |
2013 | $299,568,579.19 | 2.08% |
2014 | $307,295,464.25 | 2.58% |
2015 | $313,679,464.25 | 2.08% |
2016 | $321,469,697.74 | 2.48% |
2017 | $331,031,152.94 | 2.97% |
2018 | $340,582,979.19 | 2.89% |
2019 | $350,430,262.44 | 2.89% |
2020 | $358,100,792.76 | 2.19% |
2021 | $369,889,983.71 | 3.29% |
2022 | $396,352,492.31 | 7.15% |
2023 | $421,873,288.69 | 6.44% |
2024 | $434,460,298.04 | 2.98%* |
* 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 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 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 30.785 | 32.031 | 34.000 | 36.400 | 37.985 | 39.469 | 41.162 | 45.808 | 50.638 | 53.762 | 57.423 | 62.462 | 70.062 | 81.062 | 90.369 | 96.892 | 99.485 | 103.615 | 107.731 | 110.915 | 114.215 | 118.492 | 123.008 | 128.531 | 133.608 | 137.508 | 141.215 | 144.777 | 148.454 | 152.785 | 156.777 | 160.362 | 163.885 | 169.554 | 176.362 | 180.269 | 184.785 | 189.531 | 195.723 | 203.162 | 209.586 | 216.264 | 217.057 | 216.256 | 219.102 | 222.715 | 227.351 | 233.215 | 238.060 | 243.973 | 251.229 | 258.478 | 265.952 | 271.773 | 280.720 | 300.803 | 320.172 | 329.724 |