Consumer Price Index for All Urban Consumers: Rent of Shelter in U.S. City Average

CUUS0000SAS2RS • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

431.05

Year-over-Year Change

31.02%

Date Range

1/1/1984 - 1/1/2025

Summary

The Consumer Price Index for All Urban Consumers: Rent of Shelter in U.S. City Average tracks changes in the cost of rent and other housing expenses for urban consumers in the United States. This metric is a key indicator of inflation and the overall cost of living.

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 measures the prices paid by consumers for rented housing, including apartments, houses, and other rental units. It is a component of the broader Consumer Price Index (CPI), which is the most widely used measure of inflation in the U.S. economy.

Methodology

The Bureau of Labor Statistics collects data on rents paid by consumers through surveys of rental units across the country.

Historical Context

Policymakers and economists closely monitor the Rent of Shelter index to gauge inflationary pressures and guide monetary policy decisions.

Key Facts

  • The Rent of Shelter index accounts for nearly one-third of the overall CPI.
  • Rents have risen faster than overall inflation in recent years.
  • Housing costs are a major factor in the cost of living for urban consumers.

FAQs

Q: What does this economic trend measure?

A: The Rent of Shelter index measures the prices paid by consumers for rented housing, including apartments, houses, and other rental units.

Q: Why is this trend relevant for users or analysts?

A: The Rent of Shelter index is a key component of the broader Consumer Price Index, which is the most widely used measure of inflation in the U.S. economy. Monitoring changes in rents is crucial for understanding overall cost of living and inflationary pressures.

Q: How is this data collected or calculated?

A: The Bureau of Labor Statistics collects data on rents paid by consumers through surveys of rental units across the country.

Q: How is this trend used in economic policy?

A: Policymakers and economists closely monitor the Rent of Shelter index to gauge inflationary pressures and guide monetary policy decisions.

Q: Are there update delays or limitations?

A: The Rent of Shelter index is published monthly with the Consumer Price Index release, providing timely data on housing costs.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: Rent of Shelter in U.S. City Average (CUUS0000SAS2RS), retrieved from FRED.