How much did a new house cost in 1989?

How much did a new house cost in 1989?

Housing priced at $40,000 in 1989 → $86,486.91 in 2019.

What was the average cost of a house in the 1980s?

In 1940, the median home value in the U.S. was just $2,938. In 1980, it was $47,200, and by 2000, it had risen to $119,600. Even adjusted for inflation, the median home price in 1940 would only have been $30,600 in 2000 dollars, according to data from the U.S. Census.

How much did a new house cost in 1980?

How much did a house cost in 1987?

1987: $104,500 1987 saw a big jump in median home prices — a 13.6 percent pop, up to $104,500.

How much did things cost in 1988?


Cost of a new home: $138,300.00
Cost of a first-class stamp: $0.22 ($0.25 as of 4/3/88)
Cost of a gallon of regular gas: $1.08
Cost of a dozen eggs: $0.89
Cost of a gallon of Milk: $2.30

How much did a TV cost in 1988?

Buying power of $300 since 1950

Year USD Value Inflation Rate
1988 $145.53 -2.62%
1989 $142.62 -2.00%
1990 $139.95 -1.87%
1991 $136.66 -2.35%

What was the cost of a car in 1988?

How Much things cost in 1988 Yearly Inflation Rate USA4.08% Year End Close Dow Jones Industrial Average 2168 Interest Rates Year End Federal Reserve 10.50% Average Cost of new house $91,600 Median Price Of and Existing Home $90,600 Average Income per year $24,450.00 Average Monthly Rent $420.00 Average Price for new car $10,400.00

What was the average price of a home in 1990?

1990: $122,900 Median Cost Adjusted for Inflation : $230,707.05 The first recession in nearly a decade began in July of 1990, resulting in a modest $2,900 gain in the average home price in the U.S., to $122,900 ($230,707.05).

When did the average price of a new home change?

Look at how the average US home price has changed since 1963. The cost of buying a new home fluctuates from year to year.

What was the cost of a house in 1983?

1983: $75,300. Median Cost Adjusted for Inflation: $184,508.37. Median home prices jumped nearly 10 percent in 1983, as the country emerged from recession. In the midst of Cold War tensions, Soviet fighter jets shot down Korean Air Lines Flight 007, killing all 269 passengers aboard.