According to the U.S. Bureau of Labor Statistics, prices for floor coverings are 30.03% higher in 2024 versus 1998 (a $6.01 difference in value).
Between 1998 and 2024: Floor coverings experienced an average inflation rate of 1.01% per year. In other words, floor coverings costing $20 in the year 1998 would cost $26.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for floor coverings was lower.
In the year 1998: Pricing changed by 1.54%, which is above the average yearly change for floor coverings during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for floor coverings was lower.
Below are calculations of equivalent buying power for Floor coverings, 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 | 1.54% |
1999 | $20.02 | 0.09% |
2000 | $20.53 | 2.57% |
2001 | $21.16 | 3.06% |
2002 | $21.42 | 1.22% |
2003 | $21.17 | -1.16% |
2004 | $21.17 | 0.01% |
2005 | $22.01 | 3.97% |
2006 | $22.98 | 4.43% |
2007 | $23.27 | 1.23% |
2008 | $23.27 | 0.00% |
2009 | $23.40 | 0.57% |
2010 | $22.55 | -3.61% |
2011 | $22.57 | 0.07% |
2012 | $22.22 | -1.57% |
2013 | $21.32 | -4.03% |
2014 | $21.33 | 0.02% |
2015 | $21.39 | 0.28% |
2016 | $21.67 | 1.34% |
2017 | $21.49 | -0.85% |
2018 | $22.09 | 2.77% |
2019 | $22.40 | 1.42% |
2020 | $22.06 | -1.50% |
2021 | $22.63 | 2.57% |
2022 | $25.14 | 11.09% |
2023 | $26.39 | 4.97% |
2024 | $26.01 | -1.46%* |
* 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 Floor coverings:
Year | 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 | 100.000 | 101.538 | 101.631 | 104.238 | 107.423 | 108.731 | 107.469 | 107.477 | 111.738 | 116.685 | 118.117 | 118.119 | 118.794 | 114.508 | 114.589 | 112.789 | 108.248 | 108.273 | 108.581 | 110.032 | 109.101 | 112.124 | 113.718 | 112.016 | 114.891 | 127.634 | 133.980 | 132.026 |