According to the U.S. Bureau of Labor Statistics, prices for owners' equivalent rent of residences were 161.16% higher in 2018 versus 1986.
Between 1986 and 2018: Owners' equivalent rent of residences experienced an average inflation rate of 3.05% per year. This rate of change indicates significant inflation. In other words, owners' equivalent rent of residences costing $20 in the year 1986 would cost $52.23 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.60% during this same period, inflation for owners' equivalent rent of residences was similar.
In the year 1986: Pricing changed by 5.50%, above the average yearly change for owners' equivalent rent of residences during the 1986-2018 time period. Compared to inflation for all items in 1986 (1.90%), price inflation for owners' equivalent rent of residences was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Owners' equivalent rent of residences: