Rent priced at $1,000 in 1960 $4,747.82 in 2000

Rent Inflation Calculator

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Prices for Rent, 1960-2000 ($1,000)

According to the U.S. Bureau of Labor Statistics, prices for rent of primary residence were 374.78% higher in 2000 versus 1960 (a $3,747.82 difference in value).

Between 1960 and 2000: Rent experienced an average inflation rate of 3.97% per year. This rate of change indicates significant inflation. In other words, rent costing $1,000 in the year 1960 would cost $4,747.82 in 2000 for an equivalent purchase. Compared to the overall inflation rate of 4.50% during this same period, inflation for rent was lower.

In the year 1960: Pricing changed by 1.47%, which is below the average yearly change for rent during the 1960-2000 time period. Compared to inflation for all items in 1960 (1.48%), inflation for rent was lower.

Price Inflation for Rent of primary residence since 1913

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1920 (18.42%), 1933 (-13.48%), and 1921 (13.30%).

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Buying power of $1,000.00 since 1960

Below are calculations of equivalent buying power for Rent, over time, for $1,000 beginning in 1960. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1960$1,000.001.47%
1961$1,012.711.27%
1962$1,025.221.24%
1963$1,035.541.01%
1964$1,046.271.04%
1965$1,056.590.99%
1966$1,071.091.37%
1967$1,090.351.80%
1968$1,116.562.40%
1969$1,152.703.24%
1970$1,200.364.13%
1971$1,255.964.63%
1972$1,299.253.45%
1973$1,355.844.36%
1974$1,423.755.01%
1975$1,497.225.16%
1976$1,578.245.41%
1977$1,673.156.01%
1978$1,788.326.88%
1979$1,918.987.31%
1980$2,088.768.85%
1981$2,270.068.68%
1982$2,442.617.60%
1983$2,583.805.78%
1984$2,718.035.20%
1985$2,885.036.14%
1986$3,053.225.83%
1987$3,178.914.12%
1988$3,300.043.81%
1989$3,428.323.89%
1990$3,572.884.22%
1991$3,699.563.55%
1992$3,792.302.51%
1993$3,880.862.34%
1994$3,975.582.44%
1995$4,072.882.45%
1996$4,180.702.65%
1997$4,302.422.91%
1998$4,442.023.24%
1999$4,581.613.14%
2000$4,747.823.63%
2001$4,959.294.45%
2002$5,154.293.93%
2003$5,305.202.93%
2004$5,447.382.68%
2005$5,610.412.99%
2006$5,810.563.57%
2007$6,058.034.26%
2008$6,279.843.66%
2009$6,422.862.28%
2010$6,437.670.23%
2011$6,547.451.71%
2012$6,721.152.65%
2013$6,911.082.83%
2014$7,128.883.15%
2015$7,383.673.57%
2016$7,662.163.77%
2017$7,954.443.81%
2018$8,242.163.62%
2019$8,547.673.71%
2020$8,814.703.12%
2021$9,012.612.25%
2022$9,556.376.03%
2023$10,316.437.95%
2024$10,843.485.11%
2025$11,182.773.13%*

* 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 Rent of primary residence:

Year19131914191519161917191819191920192119221923192419251926192719281929193019311932193319341935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI21.00021.00021.15021.35021.10021.75023.70028.06731.80032.40033.34034.44034.56734.13333.56732.76732.00031.06729.30025.96722.46721.33321.40021.90022.98023.68023.70023.75724.15424.69224.69224.74524.82024.98025.79227.50028.69229.75430.92332.21533.90835.11535.60836.26236.96237.63838.17738.73839.23139.71540.11540.53140.93141.49242.23843.25444.65446.50048.65450.33152.52355.15458.00061.13864.81569.27774.33880.91587.93894.623100.092105.292111.762118.277123.146127.838132.808138.408143.315146.908150.338154.008157.777161.954166.669172.077177.485183.923192.115199.669205.515211.023217.338225.092234.679243.271248.812249.385253.638260.367267.725276.162286.032296.820308.143319.289331.124341.468349.135370.199399.643420.060433.203

Adjust rent prices for inflation

Start with the inflation rate formula:

CPI in 2000 / CPI in 1960 * 1960 USD value = 2000 USD value

Then plug in historical CPI values from above. The CPI for Rent of primary residence was 38.738 in the year 1960 and 183.923 in 2000:

183.923 / 38.738 * $1,000 = $4,747.82

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 1960 has the same "purchasing power" as $4,747.82 in 2000 (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 1913. 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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