According to the U.S. Bureau of Labor Statistics, prices for household furnishings and operations are 217.20% higher in 2023 versus 1970 (a $43.44 difference in value).
Between 1970 and 2023: Household furnishings and operations experienced an average inflation rate of 2.20% per year. This rate of change indicates significant inflation. In other words, household furnishings and operations costing $20 in the year 1970 would cost $63.44 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.96% during this same period, inflation for household furnishings and operations was lower.
In the year 1970: Pricing changed by 3.61%, which is above the average yearly change for household furnishings and operations during the 1970-2023 time period. Compared to inflation for all items in 1970 (5.83%), inflation for household furnishings and operations was lower.
Below are calculations of equivalent buying power for Household furnishings and operations, over time, for $20 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1970 | $20.00 | 3.61% |
| 1971 | $20.74 | 3.71% |
| 1972 | $21.21 | 2.25% |
| 1973 | $21.81 | 2.82% |
| 1974 | $24.25 | 11.20% |
| 1975 | $27.06 | 11.60% |
| 1976 | $28.71 | 6.08% |
| 1977 | $30.03 | 4.60% |
| 1978 | $31.85 | 6.09% |
| 1979 | $34.12 | 7.12% |
| 1980 | $36.83 | 7.94% |
| 1981 | $39.67 | 7.71% |
| 1982 | $41.81 | 5.39% |
| 1983 | $42.76 | 2.28% |
| 1984 | $43.47 | 1.67% |
| 1985 | $44.32 | 1.96% |
| 1986 | $44.90 | 1.30% |
| 1987 | $45.71 | 1.80% |
| 1988 | $46.68 | 2.14% |
| 1989 | $47.48 | 1.69% |
| 1990 | $48.34 | 1.83% |
| 1991 | $49.49 | 2.38% |
| 1992 | $50.36 | 1.74% |
| 1993 | $50.90 | 1.08% |
| 1994 | $51.65 | 1.47% |
| 1995 | $52.50 | 1.65% |
| 1996 | $53.21 | 1.36% |
| 1997 | $53.51 | 0.56% |
| 1998 | $54.01 | 0.94% |
| 1999 | $54.09 | 0.15% |
| 2000 | $54.73 | 1.18% |
| 2001 | $55.09 | 0.65% |
| 2002 | $54.77 | -0.57% |
| 2003 | $53.82 | -1.73% |
| 2004 | $53.55 | -0.51% |
| 2005 | $53.81 | 0.49% |
| 2006 | $54.21 | 0.74% |
| 2007 | $54.15 | -0.12% |
| 2008 | $54.54 | 0.73% |
| 2009 | $54.93 | 0.71% |
| 2010 | $53.56 | -2.50% |
| 2011 | $53.32 | -0.44% |
| 2012 | $53.67 | 0.65% |
| 2013 | $53.25 | -0.78% |
| 2014 | $52.56 | -1.30% |
| 2015 | $52.33 | -0.44% |
| 2016 | $51.90 | -0.81% |
| 2017 | $51.52 | -0.74% |
| 2018 | $51.88 | 0.70% |
| 2019 | $52.84 | 1.84% |
| 2020 | $53.74 | 1.72% |
| 2021 | $56.16 | 4.49% |
| 2022 | $61.25 | 9.07% |
| 2023 | $63.44 | 3.57%* |
* 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 Household furnishings and operations:
| Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 |
| CPI | 42.008 | 43.608 | 45.231 | 46.862 | 48.600 | 49.692 | 51.092 | 56.815 | 63.408 | 67.262 | 70.354 | 74.638 | 79.954 | 86.300 | 92.954 | 97.962 | 100.192 | 101.862 | 103.854 | 105.200 | 107.092 | 109.385 | 111.238 | 113.269 | 115.969 | 117.992 | 119.262 | 121.015 | 123.008 | 124.677 | 125.369 | 126.554 | 126.738 | 128.238 | 129.077 | 128.338 | 126.115 | 125.477 | 126.092 | 127.023 | 126.875 | 127.800 | 128.701 | 125.490 | 124.943 | 125.749 | 124.765 | 123.147 | 122.604 | 121.615 | 120.716 | 121.566 | 123.797 | 125.926 | 131.582 | 143.518 | 148.643 |