Household furnishings and supplies priced at $20 in 2018 $20.41 in 2020

Household Furnishings And Supplies Inflation Calculator

$

Prices for Household Furnishings And Supplies, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for household furnishings and supplies were 2.06% higher in 2020 versus 2018 (a $0.41 difference in value).

Between 2018 and 2020: Household furnishings and supplies experienced an average inflation rate of 1.02% per year. In other words, household furnishings and supplies costing $20 in the year 2018 would cost $20.41 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.42% during this same period, inflation for household furnishings and supplies was lower.

In the year 2018: Pricing changed by -0.53%, which is below the average yearly change for household furnishings and supplies during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for household furnishings and supplies was lower.

Price Inflation for Household furnishings and supplies since 2010

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2014 (-2.16%), 2016 (-1.73%), and 2017 (-1.65%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Household furnishings and supplies:

Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 98.442 97.714 98.018 96.742 94.652 93.356 91.745 90.229 89.749 90.758 91.597

View price changes for other categories
Televisions · Gasoline (all types) · Airline fares · Fish and seafood · More

Buying power of $20 since 2018

Below are calculations of equivalent buying power for Household furnishings and supplies, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2018 $20.00 -0.53%
2019 $20.22 1.12%
2020 $20.41 0.92%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for household furnishings and supplies, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Household furnishings and supplies was 89.749 in the year 2018 and 91.597 in 2020:

91.597 / 89.749 * $20 = $20.41

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20.41 in 2020 (in the CPI category of Household furnishings and supplies).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Household furnishings and supplies in 2010. In addition to household furnishings and supplies, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.