Household furnishings and operations priced at $20 in 1974 $52.33 in 2023

Household Furnishings And Operations Inflation Calculator

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Prices for Household Furnishings And Operations, 1974-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for household furnishings and operations are 161.63% higher in 2023 versus 1974 (a $32.33 difference in value).

Between 1974 and 2023: Household furnishings and operations experienced an average inflation rate of 1.98% per year. In other words, household furnishings and operations costing $20 in the year 1974 would cost $52.33 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.78% during this same period, inflation for household furnishings and operations was lower.

In the year 1974: Pricing changed by 11.20%, which is significantly above the average yearly change for household furnishings and operations during the 1974-2023 time period. Compared to inflation for all items in 1974 (11.05%), inflation for household furnishings and operations was higher.

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 (9.07%).

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Buying power of $20.00 since 1974

Below are calculations of equivalent buying power for Household furnishings and operations, over time, for $20 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$20.0011.20%
1975$22.3211.60%
1976$23.686.08%
1977$24.774.60%
1978$26.276.09%
1979$28.157.12%
1980$30.387.94%
1981$32.727.71%
1982$34.485.39%
1983$35.272.28%
1984$35.861.67%
1985$36.561.96%
1986$37.031.30%
1987$37.701.80%
1988$38.512.14%
1989$39.161.69%
1990$39.871.83%
1991$40.822.38%
1992$41.541.74%
1993$41.981.08%
1994$42.601.47%
1995$43.301.65%
1996$43.891.36%
1997$44.130.56%
1998$44.550.94%
1999$44.610.15%
2000$45.141.18%
2001$45.440.65%
2002$45.18-0.57%
2003$44.39-1.73%
2004$44.17-0.51%
2005$44.390.49%
2006$44.710.74%
2007$44.66-0.12%
2008$44.990.73%
2009$45.310.71%
2010$44.17-2.50%
2011$43.98-0.44%
2012$44.270.65%
2013$43.92-0.78%
2014$43.35-1.30%
2015$43.16-0.44%
2016$42.81-0.81%
2017$42.49-0.74%
2018$42.790.70%
2019$43.581.84%
2020$44.331.72%
2021$46.324.49%
2022$50.529.07%
2023$52.333.57%*

* 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:

Year196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI42.00843.60845.23146.86248.60049.69251.09256.81563.40867.26270.35474.63879.95486.30092.95497.962100.192101.862103.854105.200107.092109.385111.238113.269115.969117.992119.262121.015123.008124.677125.369126.554126.738128.238129.077128.338126.115125.477126.092127.023126.875127.800128.701125.490124.943125.749124.765123.147122.604121.615120.716121.566123.797125.926131.582143.518148.647

Adjust household furnishings and operations prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1974 * 1974 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Household furnishings and operations was 56.815 in the year 1974 and 148.647 in 2023:

148.647 / 56.815 * $20 = $52.33

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1974 has the same "purchasing power" as $52.33 in 2023 (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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