According to the U.S. Bureau of Labor Statistics, prices for household furnishings and supplies are 15.05% higher in 2024 versus 2020 (a $3.01 difference in value).
Between 2020 and 2024: Household furnishings and supplies experienced an average inflation rate of 3.57% per year. This rate of change indicates significant inflation. In other words, household furnishings and supplies costing $20 in the year 2020 would cost $23.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for household furnishings and supplies was lower.
In the year 2020: Pricing changed by 1.33%, which is below the average yearly change for household furnishings and supplies during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for household furnishings and supplies was higher.
Below are calculations of equivalent buying power for Household furnishings and supplies, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2020 | $20.00 | 1.33% |
2021 | $20.81 | 4.03% |
2022 | $22.82 | 9.70% |
2023 | $23.48 | 2.86% |
2024 | $23.01 | -1.99%* |
* 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 | 105.803 |