🏠 Price of Monthly Rent in 1995
Verdict: Inflation Trap
Monthly Rent cost $496.96 in 1995. Adjusted for inflation, that's $1023.06 today. The actual price today is $1323.19 — 29.3% more expensive.
⏱️ Labor Hours to Buy Monthly Rent
1995
30.3
hours of median work
Today
32.9
hours of median work
In 1995, 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