Consumer Price Index for All Urban Consumers: Rent of Shelter in Northeast
CUUR0100SAS2RS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
479.15
Year-over-Year Change
4.56%
Date Range
12/1/1982 - 7/1/2025
Summary
The Consumer Price Index for All Urban Consumers: Rent of Shelter in the Northeast measures changes in the cost of rental housing for residents of the Northeastern United States. This metric is a key indicator of inflation and cost-of-living trends in the region.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Rent of Shelter index tracks the prices paid by urban consumers in the Northeast for rented accommodations, including apartments, houses, and other rented dwellings. This data point is used by economists and policymakers to assess regional housing affordability and inflationary pressures.
Methodology
The U.S. Bureau of Labor Statistics collects rental price data through surveys of households and landlords to calculate this index.
Historical Context
Rent of Shelter is a crucial component of the overall Consumer Price Index, which informs Federal Reserve monetary policy and guides consumer spending decisions.
Key Facts
- The Rent of Shelter index has a base year of 1982-84=100.
- Shelter costs account for over 30% of the total Consumer Price Index.
- Rental prices in the Northeast tend to be higher than the national average.
FAQs
Q: What does this economic trend measure?
A: The Rent of Shelter index measures changes in the prices paid by urban consumers in the Northeastern U.S. for rented housing, including apartments and other dwellings.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of housing affordability and inflationary pressures in the Northeast region, which is crucial data for economists, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects rental price data through surveys of households and landlords to calculate this index.
Q: How is this trend used in economic policy?
A: Rent of Shelter is a crucial component of the overall Consumer Price Index, which informs Federal Reserve monetary policy and guides consumer spending decisions.
Q: Are there update delays or limitations?
A: The Rent of Shelter index is published monthly with a lag, and may not fully capture rapid changes in regional rental markets.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: Rent of Shelter in Northeast (CUUR0100SAS2RS), retrieved from FRED.