🏠 Price of Monthly Rent in 2019
Verdict: Inflation Trap
Monthly Rent cost $1043.05 in 2019. Adjusted for inflation, that's $1279.87 today. The actual price today is $1323.19 — 3.4% more expensive.
⏱️ Labor Hours to Buy Monthly Rent
2019
31.6
hours of median work
Today
32.9
hours of median work
In 2019, a median earner worked 31.6 hours to buy monthly rent. Today, it takes 32.9 hours. It is 1.0x harder to earn.
📈 Monthly Rent Price History
1984
2024