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.
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:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1974 | $20.00 | 11.20% |
| 1975 | $22.32 | 11.60% |
| 1976 | $23.68 | 6.08% |
| 1977 | $24.77 | 4.60% |
| 1978 | $26.27 | 6.09% |
| 1979 | $28.15 | 7.12% |
| 1980 | $30.38 | 7.94% |
| 1981 | $32.72 | 7.71% |
| 1982 | $34.48 | 5.39% |
| 1983 | $35.27 | 2.28% |
| 1984 | $35.86 | 1.67% |
| 1985 | $36.56 | 1.96% |
| 1986 | $37.03 | 1.30% |
| 1987 | $37.70 | 1.80% |
| 1988 | $38.51 | 2.14% |
| 1989 | $39.16 | 1.69% |
| 1990 | $39.87 | 1.83% |
| 1991 | $40.82 | 2.38% |
| 1992 | $41.54 | 1.74% |
| 1993 | $41.98 | 1.08% |
| 1994 | $42.60 | 1.47% |
| 1995 | $43.30 | 1.65% |
| 1996 | $43.89 | 1.36% |
| 1997 | $44.13 | 0.56% |
| 1998 | $44.55 | 0.94% |
| 1999 | $44.61 | 0.15% |
| 2000 | $45.14 | 1.18% |
| 2001 | $45.44 | 0.65% |
| 2002 | $45.18 | -0.57% |
| 2003 | $44.39 | -1.73% |
| 2004 | $44.17 | -0.51% |
| 2005 | $44.39 | 0.49% |
| 2006 | $44.71 | 0.74% |
| 2007 | $44.66 | -0.12% |
| 2008 | $44.99 | 0.73% |
| 2009 | $45.31 | 0.71% |
| 2010 | $44.17 | -2.50% |
| 2011 | $43.98 | -0.44% |
| 2012 | $44.27 | 0.65% |
| 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 | $42.79 | 0.70% |
| 2019 | $43.58 | 1.84% |
| 2020 | $44.33 | 1.72% |
| 2021 | $46.32 | 4.49% |
| 2022 | $50.52 | 9.07% |
| 2023 | $52.33 | 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 | 148.647 |