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United States / Household resilience

U.S. Shelter Inflation: CPI Trend.

What does the shelter component say about housing costs?

SOURCE SNAPSHOTOct 4, 2026Reporting period shown below

The historical record

Source snapshot
3.0%
% YoY
Aug 2026

Latest observation in this snapshot—not a real-time reading. -0.1 pp vs Jul 2026.

Choose the view, keep the context.

024681020182020202220242026

Fitted vertical axis · missing periods are not interpolated · monthly

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Interpretation

What the number means

Year-over-year change in the CPI shelter component.

Shelter CPI includes rent and owners’ equivalent rent. It is not a for-sale home-price measure or a tracker of newly advertised leases. Compare with local costs and supply evidence before evaluating a housing proposal.

What it cannot tell you

Calculated from seasonally adjusted CPI. Includes owners’ equivalent rent; not a house-price index or new-lease asking rent.

From evidence to useful work

A better question to ask

Specify whether a housing project targets rent, ownership costs, supply, or displacement—and select an outcome that matches.

This is a prompt for investigation, not evidence that a particular policy works. A trend alone cannot establish a cause.

Read the related practical guide ↗
Reproducibility

Exact observations

319 available observations since 2000. Annual and quarterly dates represent the start of the reporting period; fiscal years are labeled explicitly. Display values are rounded to the precision shown; downloads retain the source values.

Open the complete data table
Shelter-price inflation — % YoY
Reporting periodPeriod startValue
Aug 20262026-08-013.0%
Jul 20262026-07-013.2%
Jun 20262026-06-013.3%
May 20262026-05-013.4%
Apr 20262026-04-013.3%
Mar 20262026-03-013.0%
Feb 20262026-02-013.0%
Jan 20262026-01-013.0%
Dec 20252025-12-013.2%
Nov 20252025-11-013.0%
Sep 20252025-09-013.6%
Aug 20252025-08-013.6%
Jul 20252025-07-013.7%
Jun 20252025-06-013.8%
May 20252025-05-013.9%
Apr 20252025-04-014.0%
Mar 20252025-03-014.0%
Feb 20252025-02-014.2%
Jan 20252025-01-014.4%
Dec 20242024-12-014.6%
Nov 20242024-11-014.8%
Oct 20242024-10-014.9%
Sep 20242024-09-014.8%
Aug 20242024-08-015.2%
Jul 20242024-07-015.0%
Jun 20242024-06-015.1%
May 20242024-05-015.4%
Apr 20242024-04-015.5%
Mar 20242024-03-015.6%
Feb 20242024-02-015.8%
Jan 20242024-01-016.1%
Dec 20232023-12-016.2%
Nov 20232023-11-016.5%
Oct 20232023-10-016.7%
Sep 20232023-09-017.1%
Aug 20232023-08-017.3%
Jul 20232023-07-017.7%
Jun 20232023-06-017.8%
May 20232023-05-018.0%
Apr 20232023-04-018.1%
Mar 20232023-03-018.2%
Feb 20232023-02-018.1%
Jan 20232023-01-017.9%
Dec 20222022-12-017.5%
Nov 20222022-11-017.1%
Oct 20222022-10-016.9%
Sep 20222022-09-016.6%
Aug 20222022-08-016.3%
Jul 20222022-07-015.7%
Jun 20222022-06-015.6%
May 20222022-05-015.4%
Apr 20222022-04-015.1%
Mar 20222022-03-015.0%
Feb 20222022-02-014.7%
Jan 20222022-01-014.4%
Dec 20212021-12-014.2%
Nov 20212021-11-013.9%
Oct 20212021-10-013.5%
Sep 20212021-09-013.2%
Aug 20212021-08-012.8%
Jul 20212021-07-012.8%
Jun 20212021-06-012.6%
May 20212021-05-012.2%
Apr 20212021-04-012.1%
Mar 20212021-03-011.7%
Feb 20212021-02-011.4%
Jan 20212021-01-011.6%
Dec 20202020-12-011.9%
Nov 20202020-11-011.9%
Oct 20202020-10-012.0%
Sep 20202020-09-012.1%
Aug 20202020-08-012.3%
Jul 20202020-07-012.3%
Jun 20202020-06-012.4%
May 20202020-05-012.5%
Apr 20202020-04-012.6%
Mar 20202020-03-013.0%
Feb 20202020-02-013.3%
Jan 20202020-01-013.4%
Dec 20192019-12-013.2%
Nov 20192019-11-013.3%
Oct 20192019-10-013.4%
Sep 20192019-09-013.5%
Aug 20192019-08-013.4%
Jul 20192019-07-013.5%
Jun 20192019-06-013.5%
May 20192019-05-013.3%
Apr 20192019-04-013.4%
Mar 20192019-03-013.4%
Feb 20192019-02-013.4%
Jan 20192019-01-013.2%
Dec 20182018-12-013.2%
Nov 20182018-11-013.3%
Oct 20182018-10-013.2%
Sep 20182018-09-013.3%
Aug 20182018-08-013.4%
Jul 20182018-07-013.5%
Jun 20182018-06-013.4%
May 20182018-05-013.5%
Apr 20182018-04-013.4%
Mar 20182018-03-013.3%
Feb 20182018-02-013.1%
Jan 20182018-01-013.2%
Dec 20172017-12-013.2%
Nov 20172017-11-013.1%
Oct 20172017-10-013.2%
Sep 20172017-09-013.2%
Aug 20172017-08-013.3%
Jul 20172017-07-013.2%
Jun 20172017-06-013.3%
May 20172017-05-013.3%
Apr 20172017-04-013.5%
Mar 20172017-03-013.5%
Feb 20172017-02-013.5%
Jan 20172017-01-013.5%
Dec 20162016-12-013.6%
Nov 20162016-11-013.6%
Oct 20162016-10-013.5%
Sep 20162016-09-013.4%
Aug 20162016-08-013.4%
Jul 20162016-07-013.3%
Jun 20162016-06-013.4%
May 20162016-05-013.4%
Apr 20162016-04-013.2%
Mar 20162016-03-013.2%
Feb 20162016-02-013.3%
Jan 20162016-01-013.3%
Dec 20152015-12-013.2%
Nov 20152015-11-013.2%
Oct 20152015-10-013.2%
Sep 20152015-09-013.2%
Aug 20152015-08-013.1%
Jul 20152015-07-013.1%
Jun 20152015-06-013.0%
May 20152015-05-012.9%
Apr 20152015-04-013.0%
Mar 20152015-03-013.0%
Feb 20152015-02-013.0%
Jan 20152015-01-012.9%
Dec 20142014-12-012.9%
Nov 20142014-11-013.0%
Oct 20142014-10-013.0%
Sep 20142014-09-012.9%
Aug 20142014-08-012.9%
Jul 20142014-07-012.9%
Jun 20142014-06-012.8%
May 20142014-05-012.8%
Apr 20142014-04-012.8%
Mar 20142014-03-012.7%
Feb 20142014-02-012.6%
Jan 20142014-01-012.6%
Dec 20132013-12-012.5%
Nov 20132013-11-012.4%
Oct 20132013-10-012.3%
Sep 20132013-09-012.4%
Aug 20132013-08-012.4%
Jul 20132013-07-012.4%
Jun 20132013-06-012.3%
May 20132013-05-012.3%
Apr 20132013-04-012.2%
Mar 20132013-03-012.2%
Feb 20132013-02-012.3%
Jan 20132013-01-012.2%
Dec 20122012-12-012.2%
Nov 20122012-11-012.2%
Oct 20122012-10-012.2%
Sep 20122012-09-012.2%
Aug 20122012-08-012.1%
Jul 20122012-07-012.1%
Jun 20122012-06-012.2%
May 20122012-05-012.3%
Apr 20122012-04-012.3%
Mar 20122012-03-012.1%
Feb 20122012-02-012.0%
Jan 20122012-01-012.0%
Dec 20112011-12-012.0%
Nov 20112011-11-011.9%
Oct 20112011-10-011.8%
Sep 20112011-09-011.6%
Aug 20112011-08-011.6%
Jul 20112011-07-011.4%
Jun 20112011-06-011.2%
May 20112011-05-011.0%
Apr 20112011-04-011.0%
Mar 20112011-03-010.9%
Feb 20112011-02-010.8%
Jan 20112011-01-010.6%
Dec 20102010-12-010.0%
Nov 20102010-11-01-0.1%
Oct 20102010-10-01-0.4%
Sep 20102010-09-01-0.3%
Aug 20102010-08-01-0.4%
Jul 20102010-07-01-0.3%
Jun 20102010-06-01-0.5%
May 20102010-05-01-0.6%
Apr 20102010-04-01-0.6%
Mar 20102010-03-01-0.6%
Feb 20102010-02-01-0.4%
Jan 20102010-01-01-0.4%
Dec 20092009-12-010.3%
Nov 20092009-11-010.3%
Oct 20092009-10-010.7%
Sep 20092009-09-010.7%
Aug 20092009-08-010.9%
Jul 20092009-07-010.9%
Jun 20092009-06-011.3%
May 20092009-05-011.5%
Apr 20092009-04-011.6%
Mar 20092009-03-011.5%
Feb 20092009-02-011.7%
Jan 20092009-01-011.8%
Dec 20082008-12-011.9%
Nov 20082008-11-012.1%
Oct 20082008-10-012.2%
Sep 20082008-09-012.3%
Aug 20082008-08-012.4%
Jul 20082008-07-012.5%
Jun 20082008-06-012.5%
May 20082008-05-012.6%
Apr 20082008-04-012.7%
Mar 20082008-03-013.0%
Feb 20082008-02-012.9%
Jan 20082008-01-013.1%
Dec 20072007-12-013.2%
Nov 20072007-11-013.2%
Oct 20072007-10-013.2%
Sep 20072007-09-013.4%
Aug 20072007-08-013.4%
Jul 20072007-07-013.5%
Jun 20072007-06-013.6%
May 20072007-05-013.7%
Apr 20072007-04-013.9%
Mar 20072007-03-014.0%
Feb 20072007-02-014.3%
Jan 20072007-01-014.3%
Dec 20062006-12-014.1%
Nov 20062006-11-014.1%
Oct 20062006-10-014.1%
Sep 20062006-09-014.2%
Aug 20062006-08-013.8%
Jul 20062006-07-013.6%
Jun 20062006-06-013.5%
May 20062006-05-013.2%
Apr 20062006-04-012.9%
Mar 20062006-03-012.5%
Feb 20062006-02-012.6%
Jan 20062006-01-012.6%
Dec 20052005-12-012.6%
Nov 20052005-11-012.5%
Oct 20052005-10-012.3%
Sep 20052005-09-011.9%
Aug 20052005-08-012.4%
Jul 20052005-07-012.4%
Jun 20052005-06-012.3%
May 20052005-05-012.4%
Apr 20052005-04-012.7%
Mar 20052005-03-013.1%
Feb 20052005-02-013.1%
Jan 20052005-01-012.7%
Dec 20042004-12-012.7%
Nov 20042004-11-012.7%
Oct 20042004-10-012.8%
Sep 20042004-09-013.0%
Aug 20042004-08-012.8%
Jul 20042004-07-012.9%
Jun 20042004-06-013.0%
May 20042004-05-012.8%
Apr 20042004-04-012.9%
Mar 20042004-03-012.6%
Feb 20042004-02-012.0%
Jan 20042004-01-012.1%
Dec 20032003-12-012.2%
Nov 20032003-11-012.2%
Oct 20032003-10-012.4%
Sep 20032003-09-012.2%
Aug 20032003-08-012.2%
Jul 20032003-07-012.4%
Jun 20032003-06-012.3%
May 20032003-05-012.5%
Apr 20032003-04-012.2%
Mar 20032003-03-012.5%
Feb 20032003-02-012.7%
Jan 20032003-01-013.1%
Dec 20022002-12-013.2%
Nov 20022002-11-013.4%
Oct 20022002-10-013.6%
Sep 20022002-09-013.7%
Aug 20022002-08-013.5%
Jul 20022002-07-013.6%
Jun 20022002-06-013.6%
May 20022002-05-013.9%
Apr 20022002-04-014.1%
Mar 20022002-03-014.0%
Feb 20022002-02-014.3%
Jan 20022002-01-014.2%
Dec 20012001-12-014.2%
Nov 20012001-11-013.9%
Oct 20012001-10-013.7%
Sep 20012001-09-013.7%
Aug 20012001-08-014.0%
Jul 20012001-07-013.8%
Jun 20012001-06-013.8%
May 20012001-05-013.7%
Apr 20012001-04-013.6%
Mar 20012001-03-013.5%
Feb 20012001-02-013.5%
Jan 20012001-01-013.3%
Dec 20002000-12-013.5%
Nov 20002000-11-013.5%
Oct 20002000-10-013.6%
Sep 20002000-09-013.3%
Aug 20002000-08-013.4%
Jul 20002000-07-013.3%
Jun 20002000-06-013.3%
May 20002000-05-013.1%
Apr 20002000-04-013.0%
Mar 20002000-03-013.2%
Feb 20002000-02-013.0%
Jan 20002000-01-013.0%
Source trail

Follow this series home

Series identifier
CUSR0000SAH1
Provider
FRED / original statistical source
Original source attribution
U.S. Bureau of Labor Statistics
Frequency
Monthly
Source units
Index 1982-1984=100 , Seasonally Adjusted
Displayed units
% YoY
Retrieval time
2026-10-04T09:04:46.416Z

Transformation: (current CPI ÷ CPI twelve months earlier − 1) × 100. This release uses seasonally adjusted CPI. Missing prior-year values are not inferred.

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