Owners' equivalent rent of primary residence priced at $20 in 2000 $31.69 in 2018

Historical Price Inflation for Owners' equivalent rent of primary residence

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Prices for Owners' Equivalent Rent Of Primary Residence, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for owners' equivalent rent of primary residence were 58.43% higher in 2018 versus 2000 (a $11.69 difference in value).

Between 2000 and 2018: Owners' equivalent rent of primary residence experienced an average inflation rate of 2.59% per year. This rate of change indicates significant inflation. In other words, owners' equivalent rent of primary residence costing $20 in the year 2000 would cost $31.69 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for owners' equivalent rent of primary residence was higher.

In the year 2000: Pricing changed by 2.97%, which is above the average yearly change for owners' equivalent rent of primary residence during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for owners' equivalent rent of primary residence was lower.

Price Inflation for Owners' equivalent rent of primary residence since 1983

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1986 (5.51%), 1985 (5.44%), and 1990 (5.40%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Owners' equivalent rent of primary residence:

Year 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
CPI 102.500 107.308 113.150 119.383 124.825 131.125 137.383 144.808 150.425 155.517 160.525 165.783 171.325 176.767 181.908 187.800 192.933 198.667 206.292 214.692 219.933 224.933 230.142 238.175 246.235 252.428 256.609 256.575 259.551 264.812 270.656 277.803 285.884 295.325 305.089 314.744

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Owners' equivalent rent of primary residence, over time, for $20 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 $20.00 2.97%
2001 $20.77 3.84%
2002 $21.61 4.07%
2003 $22.14 2.44%
2004 $22.64 2.27%
2005 $23.17 2.32%
2006 $23.98 3.49%
2007 $24.79 3.38%
2008 $25.41 2.52%
2009 $25.83 1.66%
2010 $25.83 -0.01%
2011 $26.13 1.16%
2012 $26.66 2.03%
2013 $27.25 2.21%
2014 $27.97 2.64%
2015 $28.78 2.91%
2016 $29.73 3.30%
2017 $30.71 3.31%
2018 $31.69 3.16%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for owners' equivalent rent of primary residence, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Owners' equivalent rent of primary residence was 198.667 in the year 2000 and 314.744 in 2018:

314.744 / 198.667 * $20 = $31.69

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $31.69 in 2018 (in the CPI category of Owners' equivalent rent of primary residence).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Owners' equivalent rent of primary residence in 1983. In addition to owners' equivalent rent of primary residence, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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