According to the U.S. Bureau of Labor Statistics, prices for household furnishings and supplies are 15.28% higher in 2024 versus 2016 (a $3.06 difference in value).
Between 2016 and 2024: Household furnishings and supplies experienced an average inflation rate of 1.79% per year. In other words, household furnishings and supplies costing $20 in the year 2016 would cost $23.06 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.40% during this same period, inflation for household furnishings and supplies was lower.
In the year 2016: Pricing changed by -1.72%, which is significantly below the average yearly change for household furnishings and supplies during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for household furnishings and supplies was lower.
Below are calculations of equivalent buying power for Household furnishings and supplies, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2016 | $20.00 | -1.72% |
2017 | $19.67 | -1.65% |
2018 | $19.57 | -0.53% |
2019 | $19.79 | 1.13% |
2020 | $20.05 | 1.33% |
2021 | $20.86 | 4.03% |
2022 | $22.88 | 9.70% |
2023 | $23.54 | 2.86% |
2024 | $23.06 | -2.04%* |
* 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 supplies:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 98.443 | 97.715 | 98.019 | 96.741 | 94.646 | 93.348 | 91.739 | 90.226 | 89.746 | 90.757 | 91.963 | 95.670 | 104.952 | 107.955 | 105.754 |