According to the U.S. Bureau of Labor Statistics, prices for household furnishings and operations are 12.87% higher in 2022 versus 2012 (a $2.57 difference in value).
Between 2012 and 2022: Household furnishings and operations experienced an average inflation rate of 1.22% per year. In other words, household furnishings and operations costing $20 in the year 2012 would cost $22.57 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.34% during this same period, inflation for household furnishings and operations was lower.
In the year 2012: Pricing changed by 0.65%, which is below the average yearly change for household furnishings and operations during the 2012-2022 time period. Compared to inflation for all items in 2012 (2.07%), 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 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Household furnishings and operations: