Bedroom furniture priced at $20 in 1998 $18.31 in 2021

Bedroom Furniture Inflation Calculator

$

Prices for Bedroom Furniture, 1998-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for bedroom furniture were 8.45% lower in 2021 versus 1998 (a $1.69 difference in value).

Between 1998 and 2021: Bedroom furniture experienced an average inflation rate of -0.38% per year. In other words, bedroom furniture costing $20 in the year 1998 would cost $18.31 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.14% during this same period, inflation for bedroom furniture was lower.

In the year 1998: Pricing changed by -0.15%, which is above the average yearly change for bedroom furniture during the 1998-2021 time period. Compared to inflation for all items in 1998 (1.55%), inflation for bedroom furniture was 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%), 1979 (8.65%), and 1981 (7.80%).

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

Year 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 2018 2019 2020 2021
CPI 66.700 69.615 75.638 83.485 90.000 95.754 101.123 103.123 107.462 113.915 114.077 117.700 117.577 118.485 120.115 126.800 132.523 135.131 136.354 139.285 141.500 141.285 140.977 138.392 136.592 135.300 133.908 137.254 142.654 145.431 144.742 143.715 142.963 136.410 136.089 136.734 135.220 133.243 130.675 129.330 128.114 128.036 129.742 128.123 129.350

View price changes for other categories
Televisions · Public transportation · Parking fees and tolls · Electricity · More

Buying power of $20 since 1998

Below are calculations of equivalent buying power for Bedroom furniture, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1998 $20.00 -0.15%
1999 $19.96 -0.22%
2000 $19.59 -1.83%
2001 $19.34 -1.30%
2002 $19.15 -0.95%
2003 $18.96 -1.03%
2004 $19.43 2.50%
2005 $20.19 3.93%
2006 $20.59 1.95%
2007 $20.49 -0.47%
2008 $20.34 -0.71%
2009 $20.24 -0.52%
2010 $19.31 -4.58%
2011 $19.26 -0.24%
2012 $19.36 0.47%
2013 $19.14 -1.11%
2014 $18.86 -1.46%
2015 $18.50 -1.93%
2016 $18.31 -1.03%
2017 $18.14 -0.94%
2018 $18.12 -0.06%
2019 $18.37 1.33%
2020 $18.14 -1.25%
2021 $18.31 0.96%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for bedroom furniture, 1998-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1998 * 1998 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Bedroom furniture was 141.285 in the year 1998 and 129.350 in 2021:

129.350 / 141.285 * $20 = $18.31

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $18.31 in 2021 (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.