Floor coverings priced at $20 in 2023 $19.85 in 2024

Floor Coverings Inflation Calculator


Prices for Floor Coverings, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for floor coverings are 0.73% lower in 2024 versus 2023 (a $0.15 difference in value).

Between 2023 and 2024: Floor coverings experienced an average inflation rate of -0.73% per year. In other words, floor coverings costing $20 in the year 2023 would cost $19.85 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.44% during this same period, inflation for floor coverings was significantly lower.

In the year 2023: Pricing changed by 4.97%, which is significantly above the average yearly change for floor coverings during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), 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 2023

Below are calculations of equivalent buying power for Floor coverings, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust floor coverings prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Floor coverings was 133.980 in the year 2023 and 133.001 in 2024:

133.001 / 133.980 * $20 = $19.85

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $19.85 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.

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