Rent priced at $1,000 in 2000 $1,736.21 in 2018

Historical Price Inflation for Rent

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Prices for Rent, 2000-2018 ($1,000)

According to the U.S. Bureau of Labor Statistics, prices for rent of primary residence were 73.62% higher in 2018 versus 2000 (a $736.21 difference in value).

Between 2000 and 2018: Rent experienced an average inflation rate of 3.11% per year. This rate of change indicates significant inflation. In other words, rent costing $1,000 in the year 2000 would cost $1,736.21 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for rent was higher.

In the year 2000: Pricing changed by 3.61%, which is above the average yearly change for rent during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for rent was higher.

Price Inflation for Rent of primary residence since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1985 (6.14%), 1986 (5.82%), and 2001 (4.46%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Rent of primary residence:

Year 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 105.300 111.767 118.267 123.133 127.833 132.800 138.433 143.333 146.900 150.333 154.000 157.767 161.967 166.700 172.067 177.500 183.900 192.100 199.700 205.533 211.033 217.333 225.100 234.679 243.271 248.812 249.385 253.638 260.367 267.725 276.162 286.032 296.820 308.143 319.289

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Buying power of $1000 since 2000

Below are calculations of equivalent buying power for Rent, over time, for $1000 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 $1,000.00 3.61%
2001 $1,044.59 4.46%
2002 $1,085.92 3.96%
2003 $1,117.64 2.92%
2004 $1,147.54 2.68%
2005 $1,181.80 2.99%
2006 $1,224.03 3.57%
2007 $1,276.12 4.26%
2008 $1,322.84 3.66%
2009 $1,352.97 2.28%
2010 $1,356.09 0.23%
2011 $1,379.22 1.71%
2012 $1,415.81 2.65%
2013 $1,455.82 2.83%
2014 $1,501.70 3.15%
2015 $1,555.37 3.57%
2016 $1,614.03 3.77%
2017 $1,675.60 3.81%
2018 $1,736.21 3.62%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for rent, 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 Rent of primary residence was 183.900 in the year 2000 and 319.289 in 2018:

319.289 / 183.900 * $1,000 = $1,736.21

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 2000 has the same "purchasing power" as $1,736.21 in 2018 (in the CPI category of Rent of primary residence).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Rent of primary residence in 1984. In addition to rent, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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