Bedroom furniture priced at $20 in 1978 $41.91 in 2024

Bedroom Furniture Inflation Calculator

$

Prices for Bedroom Furniture, 1978-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for bedroom furniture are 109.57% higher in 2024 versus 1978 (a $21.91 difference in value).

Between 1978 and 2024: Bedroom furniture experienced an average inflation rate of 1.62% per year. In other words, bedroom furniture costing $20 in the year 1978 would cost $41.91 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.45% during this same period, inflation for bedroom furniture was lower.

In the year 1978: Pricing changed by 4.37%, which is above the average yearly change for bedroom furniture during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), inflation for bedroom furniture was much lower.

Price Inflation for Bedroom furniture since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.37%), 2022 (9.24%), and 1979 (8.65%).

View price changes for other categories
Jewelry · Frankfurters · Electricity · Milk · More

Buying power of $20.00 since 1978

Below are calculations of equivalent buying power for Bedroom furniture, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$20.004.37%
1979$21.738.65%
1980$23.9810.37%
1981$25.867.80%
1982$27.516.39%
1983$29.055.61%
1984$29.631.98%
1985$30.874.21%
1986$32.736.01%
1987$32.770.14%
1988$33.813.18%
1989$33.78-0.10%
1990$34.040.77%
1991$34.511.38%
1992$36.435.57%
1993$38.074.51%
1994$38.821.97%
1995$39.170.91%
1996$40.022.15%
1997$40.651.59%
1998$40.59-0.15%
1999$40.50-0.22%
2000$39.76-1.83%
2001$39.24-1.30%
2002$38.87-0.95%
2003$38.47-1.03%
2004$39.432.50%
2005$40.983.93%
2006$41.781.95%
2007$41.58-0.47%
2008$41.29-0.71%
2009$41.07-0.52%
2010$39.19-4.58%
2011$39.10-0.24%
2012$39.280.47%
2013$38.85-1.11%
2014$38.28-1.46%
2015$37.54-1.93%
2016$37.16-1.03%
2017$36.81-0.94%
2018$36.78-0.06%
2019$37.271.33%
2020$36.81-1.25%
2021$38.925.73%
2022$42.519.24%
2023$42.35-0.38%
2024$41.91-1.04%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bedroom furniture:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI66.70069.61575.63883.48590.00095.754101.123103.123107.462113.915114.077117.700117.577118.485120.115126.800132.523135.131136.354139.285141.500141.285140.977138.392136.592135.300133.908137.254142.654145.431144.742143.715142.963136.410136.089136.734135.220133.243130.675129.330128.114128.036129.742128.123135.466147.985147.426145.896

Adjust bedroom furniture prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1978 * 1978 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Bedroom furniture was 69.615 in the year 1978 and 145.896 in 2024:

145.896 / 69.615 * $20 = $41.91

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1978 has the same "purchasing power" as $41.91 in 2024 (in the CPI category of Bedroom furniture).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Bedroom furniture in 1977. In addition to bedroom furniture, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.