According to the U.S. Bureau of Labor Statistics, prices for household furnishings and operations are 203.68% higher in 2024 versus 1971 (a $40.74 difference in value).
Between 1971 and 2024: Household furnishings and operations experienced an average inflation rate of 2.12% per year. This rate of change indicates significant inflation. In other words, household furnishings and operations costing $20 in the year 1971 would cost $60.74 in 2024 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 1971-2024 time period. Compared to inflation for all items in 1971 (4.30%), 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 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1971 | $20.00 | 3.71% |
| 1972 | $20.45 | 2.25% |
| 1973 | $21.03 | 2.82% |
| 1974 | $23.38 | 11.20% |
| 1975 | $26.09 | 11.60% |
| 1976 | $27.68 | 6.08% |
| 1977 | $28.95 | 4.60% |
| 1978 | $30.72 | 6.09% |
| 1979 | $32.90 | 7.12% |
| 1980 | $35.51 | 7.94% |
| 1981 | $38.25 | 7.71% |
| 1982 | $40.31 | 5.39% |
| 1983 | $41.23 | 2.28% |
| 1984 | $41.92 | 1.67% |
| 1985 | $42.74 | 1.96% |
| 1986 | $43.29 | 1.30% |
| 1987 | $44.07 | 1.80% |
| 1988 | $45.01 | 2.14% |
| 1989 | $45.78 | 1.69% |
| 1990 | $46.61 | 1.83% |
| 1991 | $47.72 | 2.38% |
| 1992 | $48.56 | 1.74% |
| 1993 | $49.08 | 1.08% |
| 1994 | $49.80 | 1.47% |
| 1995 | $50.62 | 1.65% |
| 1996 | $51.31 | 1.36% |
| 1997 | $51.59 | 0.56% |
| 1998 | $52.08 | 0.94% |
| 1999 | $52.16 | 0.15% |
| 2000 | $52.77 | 1.18% |
| 2001 | $53.12 | 0.65% |
| 2002 | $52.81 | -0.57% |
| 2003 | $51.90 | -1.73% |
| 2004 | $51.64 | -0.51% |
| 2005 | $51.89 | 0.49% |
| 2006 | $52.27 | 0.74% |
| 2007 | $52.21 | -0.12% |
| 2008 | $52.59 | 0.73% |
| 2009 | $52.96 | 0.71% |
| 2010 | $51.64 | -2.50% |
| 2011 | $51.42 | -0.44% |
| 2012 | $51.75 | 0.65% |
| 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 | $50.03 | 0.70% |
| 2019 | $50.95 | 1.84% |
| 2020 | $51.82 | 1.72% |
| 2021 | $54.15 | 4.49% |
| 2022 | $59.06 | 9.07% |
| 2023 | $61.05 | 3.37% |
| 2024 | $60.74 | -0.52%* |
* 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 | 2024 |
| 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 | 148.352 | 147.586 |