According to the U.S. Bureau of Labor Statistics, prices for rent of primary residence were 49.27% higher in 2023 versus 2013 (a $492.74 difference in value).
Between 2013 and 2023, Rent experienced an average inflation rate of 4.09% per year. This rate of change indicates significant inflation. In other words, rent costing $1,000 in the year 2013 would cost $1,492.74 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.72% during this same period, inflation for rent was higher.
In the year 2013: Pricing changed by 2.83%, which is below the average yearly change for rent during the 2013-2023 time period. Compared to inflation for all items in 2013 (1.46%), inflation for rent was higher.
Rent prices are up 2.8% over the past year, but your own inflation rate depends on everything you buy. The personal inflation calculator works it out from your budget.
Below are calculations of equivalent buying power for Rent, over time, for $1,000 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2013 | $1,000.00 | 2.83% |
| 2014 | $1,031.51 | 3.15% |
| 2015 | $1,068.38 | 3.57% |
| 2016 | $1,108.68 | 3.77% |
| 2017 | $1,150.97 | 3.81% |
| 2018 | $1,192.60 | 3.62% |
| 2019 | $1,236.81 | 3.71% |
| 2020 | $1,275.44 | 3.12% |
| 2021 | $1,304.08 | 2.25% |
| 2022 | $1,382.76 | 6.03% |
| 2023 | $1,492.74 | 7.95% |
| 2024 | $1,569.00 | 5.11% |
| 2025 | $1,625.42 | 3.60% |
| 2026 | $1,665.25 | 2.45%* |
* 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:
| Year | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 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 | 2025 | 2026 |
| CPI | 21.000 | 21.017 | 21.217 | 21.367 | 21.083 | 22.692 | 26.358 | 31.108 | 32.350 | 33.142 | 34.350 | 34.592 | 34.308 | 33.792 | 33.033 | 32.242 | 31.458 | 30.025 | 27.325 | 23.458 | 21.527 | 21.369 | 21.833 | 22.800 | 23.642 | 23.700 | 23.733 | 24.150 | 24.692 | 24.692 | 24.750 | 24.808 | 24.958 | 25.792 | 27.500 | 28.692 | 29.758 | 30.925 | 32.217 | 33.908 | 35.117 | 35.608 | 36.258 | 36.958 | 37.642 | 38.175 | 38.742 | 39.233 | 39.717 | 40.117 | 40.533 | 40.933 | 41.492 | 42.242 | 43.250 | 44.650 | 46.500 | 48.650 | 50.325 | 52.525 | 55.150 | 58.000 | 61.142 | 64.817 | 69.275 | 74.342 | 80.917 | 87.942 | 94.625 | 100.092 | 105.292 | 111.758 | 118.275 | 123.150 | 127.842 | 132.808 | 138.408 | 143.317 | 146.908 | 150.342 | 154.008 | 157.775 | 161.950 | 166.667 | 172.075 | 177.483 | 183.925 | 192.117 | 199.667 | 205.517 | 211.025 | 217.342 | 225.092 | 234.679 | 243.271 | 248.812 | 249.385 | 253.638 | 260.367 | 267.725 | 276.162 | 286.032 | 296.820 | 308.143 | 319.289 | 331.124 | 341.468 | 349.135 | 370.199 | 399.643 | 420.060 | 435.166 | 445.828 |