Floor coverings price inflation, 2005→2024

Floor Coverings Inflation Calculator

Prices for Floor Coverings, 2005-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for floor coverings are 17.45% higher in 2024 versus 2005 (a $3.49 difference in value).

Between 2005 and 2024: Floor coverings experienced an average inflation rate of 0.85% per year. In other words, floor coverings costing $20 in the year 2005 would cost $23.49 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for floor coverings was lower.

In the year 2005: Pricing changed by 3.97%, which is significantly above the average yearly change for floor coverings during the 2005-2024 time period. Compared to inflation for all items in 2005 (3.39%), inflation for floor coverings was higher.

Price Inflation for Floor coverings since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2022 (11.09%), 2023 (4.97%), and 2006 (4.43%).

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Buying power of $20.00 since 2005

Below are calculations of equivalent buying power for Floor coverings, over time, for $20 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2005	$20.00	3.97%
2006	$20.89	4.43%
2007	$21.14	1.23%
2008	$21.14	0.00%
2009	$21.26	0.57%
2010	$20.50	-3.61%
2011	$20.51	0.07%
2012	$20.19	-1.57%
2013	$19.38	-4.03%
2014	$19.38	0.02%
2015	$19.43	0.28%
2016	$19.69	1.34%
2017	$19.53	-0.85%
2018	$20.07	2.77%
2019	$20.35	1.42%
2020	$20.05	-1.50%
2021	$20.56	2.57%
2022	$22.85	11.09%
2023	$23.98	4.97%
2024	$23.49	-2.05%*

* 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	131.236

Adjust floor coverings prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2005 * 2005 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Floor coverings was 111.738 in the year 2005 and 131.236 in 2024:

131.236 / 111.738 * $20 = $23.49

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2005 has the same "purchasing power" as $23.49 in 2024 (in the CPI category of Floor coverings).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Floor coverings in 1997. In addition to floor coverings, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.