According to the U.S. Bureau of Labor Statistics, prices for floor coverings were 1.43% higher in 2021 versus 2016 (a $0.29 difference in value).
Between 2016 and 2021: Floor coverings experienced an average inflation rate of 0.28% per year. In other words, floor coverings costing $20 in the year 2016 would cost $20.29 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.01% during this same period, inflation for floor coverings was lower.
In the year 2016: Pricing changed by 1.34%, which is above the average yearly change for floor coverings during the 2016-2021 time period. Compared to inflation for all items in 2016 (1.26%), inflation for floor coverings was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Floor coverings:
Below are calculations of equivalent buying power for Floor coverings, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|