Furniture and bedding priced at $20 in 2020 $24 in 2023

Furniture And Bedding Inflation Calculator


Prices for Furniture And Bedding, 2020-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for furniture and bedding are 19.98% higher in 2023 versus 2020 (a $4 difference in value).

Between 2020 and 2023: Furniture and bedding experienced an average inflation rate of 6.26% per year. This rate of change indicates significant inflation. In other words, furniture and bedding costing $20 in the year 2020 would cost $24 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 5.54% during this same period, inflation for furniture and bedding was higher.

In the year 2020: Pricing changed by 0.05%, which is significantly below the average yearly change for furniture and bedding during the 2020-2023 time period. Compared to inflation for all items in 2020 (1.23%), inflation for furniture and bedding was lower.

Price Inflation for Furniture and bedding since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1942 (13.79%), 1944 (13.17%), and 2022 (12.19%).

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Buying power of $20.00 since 2020

Below are calculations of equivalent buying power for Furniture and bedding, over time, for $20 beginning in 2020. 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 Furniture and bedding:


Adjust furniture and bedding prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2020 * 2020 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Furniture and bedding was 113.705 in the year 2020 and 136.428 in 2023:

136.428 / 113.705 * $20 = $24

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2020 has the same "purchasing power" as $24 in 2023 (in the CPI category of Furniture and bedding).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Furniture and bedding in 1935. In addition to furniture and bedding, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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