According to the U.S. Bureau of Labor Statistics, prices for bedroom furniture are 12.92% higher in 2024 versus 2020 (a $2.58 difference in value).
Between 2020 and 2024: Bedroom furniture experienced an average inflation rate of 3.08% per year. This rate of change indicates significant inflation. In other words, bedroom furniture costing $20 in the year 2020 would cost $22.58 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for bedroom furniture was lower.
In the year 2020: Pricing changed by -1.25%, which is significantly below the average yearly change for bedroom furniture during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for bedroom furniture was lower.
Below are calculations of equivalent buying power for Bedroom furniture, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2020 | $20.00 | -1.25% |
2021 | $21.15 | 5.73% |
2022 | $23.10 | 9.24% |
2023 | $23.01 | -0.38% |
2024 | $22.58 | -1.86%* |
* 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:
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 | 2022 | 2023 | 2024 |
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 | 135.466 | 147.985 | 147.426 | 144.679 |