🏠 Price of Monthly Rent in 2006
Verdict: Inflation Trap
Monthly Rent cost $709.06 in 2006. Adjusted for inflation, that's $1103.56 today. The actual price today is $1323.19 — 19.9% more expensive.
⏱️ Labor Hours to Buy Monthly Rent
2006
30.6
hours of median work
Today
32.9
hours of median work
In 2006, a median earner worked 30.6 hours to buy monthly rent. Today, it takes 32.9 hours. It is 1.1x harder to earn.
📈 Monthly Rent Price History
1984
2024