GLOPRAGlobal Property Radar

US shelter inflation 0.3% in October 2026, no annual comparison

US shelter costs rose 0.3% in October 2026 and owners' equivalent rent 0.3%, but BLS cannot publish any 12-month change because October 2025 data are missing.

The facts

  • The shelter index rose +0.3% in October 2026, accounting for over thirty percent of the monthly all items increase, according to the Bureau of Labor Statistics release of 10 November 2026.
  • Shelter increased 0.3% over the month after rising 0.4% in September.
  • Owners' equivalent rent rose 0.3% in October and the index for rent increased 0.2%.
  • Lodging away from home rose 0.6% in October after rising 2.0% the previous month.
  • The Bureau did not collect survey data for October 2025 because of a lapse in appropriations, and for most CPI series it could not publish October 2025 indexes.
  • As a result, the Bureau cannot publish 12-month percent changes for October 2026 for indexes where October 2025 data are unavailable.

What it means for your money

  • Shelter costs rose 0.3% in the month and rent 0.2%. That lifts rental income, but the missing annual data clouds underwriting.
  • Glopra data put the typical United States monthly rent at USD 1,948, with a non-resident rental tax rate of 10.66%, so the rent line this index tracks is taxed before it reaches a foreign landlord.
  • For an owner already letting there, monthly shelter inflation of 0.3% supports the rent roll, while the absent annual comparison removes the benchmark normally used to justify a rent increase.

What to watch

  • The Consumer Price Index news release for November 2026 is scheduled for Thursday, December 10, 2026, at 8:30 a.m. ET.
  • Twelve-month changes for October 2026 are unavailable wherever October 2025 indexes are missing, so month on month is the only comparable reading for now.
  • The figures above are seasonally adjusted monthly changes; the detailed tables also publish unadjusted series on a different basis.

Sources: US Bureau of Labor Statistics https://www.bls.gov/news.release/archives/cpi_11102026.htm

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