🏠 Price of Monthly Rent in 2005
Verdict: Inflation Trap
Monthly Rent cost $684.63 in 2005. Adjusted for inflation, that's $1099.86 today. The actual price today is $1323.19 — 20.3% more expensive.
⏱️ Labor Hours to Buy Monthly Rent
2005
30.7
hours of median work
Today
32.9
hours of median work
In 2005, a median earner worked 30.7 hours to buy monthly rent. Today, it takes 32.9 hours. It is 1.1x harder to earn.
📈 Monthly Rent Price History
1984
2024