🏠 Price of Monthly Rent in 2012
Verdict: Inflation Trap
Monthly Rent cost $820.14 in 2012. Adjusted for inflation, that's $1120.60 today. The actual price today is $1323.19 — 18.1% more expensive.
⏱️ Labor Hours to Buy Monthly Rent
2012
33.4
hours of median work
Today
32.9
hours of median work
In 2012, a median earner worked 33.4 hours to buy monthly rent. Today, it takes 32.9 hours. It is 1.0x easier to earn.
📈 Monthly Rent Price History
1984
2024