🏠 Price of Monthly Rent in 2021
Verdict: Inflation Trap
Monthly Rent cost $1099.78 in 2021. Adjusted for inflation, that's $1273.21 today. The actual price today is $1323.19 — 3.9% more expensive.
⏱️ Labor Hours to Buy Monthly Rent
2021
32.3
hours of median work
Today
32.9
hours of median work
In 2021, a median earner worked 32.3 hours to buy monthly rent. Today, it takes 32.9 hours. It is 1.0x harder to earn.
📈 Monthly Rent Price History
1984
2024