Household furnishings and operations priced at $20 in 1978 $32.37 in 2017

Historical Price Inflation for Household furnishings and operations

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Prices for Household Furnishings And Operations, 1978-2017 ($20)

According to the U.S. Bureau of Labor Statistics, prices for household furnishings and operations were 61.85% higher in 2017 versus 1978.

Between 1978 and 2017: Household furnishings and operations experienced an average inflation rate of 1.24% per year. In other words, household furnishings and operations costing $20 in the year 1978 would cost $32.37 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 3.45% during this same period, inflation for household furnishings and operations was lower.

In the year 1978: Pricing changed by 6.09%, significantly above the average yearly change for household furnishings and operations during the 1978-2017 time period. Compared to inflation for all items in 1978 (7.63%), price inflation for household furnishings and operations was lower.

Price Inflation for Household furnishings and operations since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1975 (11.59%), 1974 (11.21%), and 1980 (7.89%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Household furnishings and operations:

Year 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
CPI 42.008 43.600 45.208 46.842 48.575 49.658 51.083 56.808 63.392 67.233 70.333 74.617 79.958 86.267 92.917 97.917 100.158 101.833 103.792 105.200 107.192 109.417 111.217 113.267 115.967 117.992 119.258 121.025 122.983 124.667 125.367 126.550 126.742 128.258 129.067 128.342 126.133 125.475 126.075 127.025 126.876 127.804 128.702 125.488 124.943 125.748 124.763 123.147 122.604 121.615 120.767

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How to calculate the inflation rate for household furnishings and operations, 1978-2017

Start with the inflation rate formula:

CPI in 2017 / CPI in 1978 * 1978 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Household furnishings and operations was 74.617 in the year 1978 and 120.767 in 2017:

120.767 / 74.617 * $20 = $32.37

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1978 has the same "purchasing power" as $32.37 in 2017 (in the category of Household furnishings and operations).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Household furnishings and operations in 1967. In addition to household furnishings and operations, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.

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