🏠 Price of Monthly Rent in 1990
Verdict: Inflation Trap
Monthly Rent cost $436.01 in 1990. Adjusted for inflation, that's $1046.82 today. The actual price today is $1323.19 — 26.4% more expensive.
⏱️ Labor Hours to Buy Monthly Rent
1990
30.3
hours of median work
Today
32.9
hours of median work
In 1990, a median earner worked 30.3 hours to buy monthly rent. Today, it takes 32.9 hours. It is 1.1x harder to earn.
📈 Monthly Rent Price History
1984
2024