Household furnishings and operations priced at $20 in 1971 $58.57 in 2022

Household Furnishings And Operations Inflation Calculator

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Prices for Household Furnishings And Operations, 1971-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for household furnishings and operations are 192.86% higher in 2022 versus 1971 (a $38.57 difference in value).

Between 1971 and 2022: Household furnishings and operations experienced an average inflation rate of 2.13% per year. This rate of change indicates significant inflation. In other words, household furnishings and operations costing $20 in the year 1971 would cost $58.57 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for household furnishings and operations was lower.

In the year 1971: Pricing changed by 3.71%, which is above the average yearly change for household furnishings and operations during the 1971-2022 time period. Compared to inflation for all items in 1971 (4.30%), inflation for household furnishings and operations was lower.

Price Inflation for Household furnishings and operations since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1975 (11.60%), 1974 (11.20%), and 2022 (8.17%).

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Buying power of $20.00 since 1971

Below are calculations of equivalent buying power for Household furnishings and operations, over time, for $20 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$20.003.71%
1972$20.452.25%
1973$21.032.82%
1974$23.3811.20%
1975$26.0911.60%
1976$27.686.08%
1977$28.954.60%
1978$30.726.09%
1979$32.907.12%
1980$35.517.94%
1981$38.257.71%
1982$40.315.39%
1983$41.232.28%
1984$41.921.67%
1985$42.741.96%
1986$43.291.30%
1987$44.071.80%
1988$45.012.14%
1989$45.781.69%
1990$46.611.83%
1991$47.722.38%
1992$48.561.74%
1993$49.081.08%
1994$49.801.47%
1995$50.621.65%
1996$51.311.36%
1997$51.590.56%
1998$52.080.94%
1999$52.160.15%
2000$52.771.18%
2001$53.120.65%
2002$52.81-0.57%
2003$51.90-1.73%
2004$51.64-0.51%
2005$51.890.49%
2006$52.270.74%
2007$52.21-0.12%
2008$52.590.73%
2009$52.960.71%
2010$51.64-2.50%
2011$51.42-0.44%
2012$51.750.65%
2013$51.34-0.78%
2014$50.68-1.30%
2015$50.45-0.44%
2016$50.05-0.81%
2017$49.68-0.74%
2018$50.030.70%
2019$50.951.84%
2020$51.821.72%
2021$54.154.49%
2022$58.578.17%*

* 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:

Year19671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI42.00843.60845.23146.86248.60049.69251.09256.81563.40867.26270.35474.63879.95486.30092.95497.962100.192101.862103.854105.200107.092109.385111.238113.269115.969117.992119.262121.015123.008124.677125.369126.554126.738128.238129.077128.338126.115125.477126.092127.023126.875127.800128.701125.490124.943125.749124.765123.147122.604121.615120.716121.566123.797125.926131.582142.332

Adjust household furnishings and operations prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1971 * 1971 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Household furnishings and operations was 48.600 in the year 1971 and 142.332 in 2022:

142.332 / 48.600 * $20 = $58.57

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1971 has the same "purchasing power" as $58.57 in 2022 (in the CPI category of Household furnishings and operations).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Household furnishings and operations in 1967. In addition to household furnishings and operations, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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