Living room, kitchen, and dining room furniture priced at $20 in 1997 $21.69 in 2022

Living Room, Kitchen, And Dining Room Furniture Inflation Calculator

$

Prices for Living Room, Kitchen, And Dining Room Furniture, 1997-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for living room, kitchen, and dining room furniture are 8.44% higher in 2022 versus 1997 (a $1.69 difference in value).

Between 1997 and 2022: Living room, kitchen, and dining room furniture experienced an average inflation rate of 0.32% per year. In other words, living room, kitchen, and dining room furniture costing $20 in the year 1997 would cost $21.69 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.37% during this same period, inflation for living room, kitchen, and dining room furniture was lower.

Price Inflation for Living room, kitchen, and dining room furniture since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (12.10%), 2021 (9.76%), and 2005 (-3.40%).

View price changes for other categories
Dental services · College tuition and fees · Hospital services · Boston, Massachusetts · More

Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Living room, kitchen, and dining room furniture, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$20.00-
1998$20.321.60%
1999$20.360.21%
2000$20.480.57%
2001$20.30-0.90%
2002$19.73-2.80%
2003$19.43-1.50%
2004$19.18-1.28%
2005$18.53-3.40%
2006$18.560.14%
2007$18.33-1.25%
2008$18.09-1.26%
2009$18.140.27%
2010$17.79-1.96%
2011$17.77-0.08%
2012$18.152.14%
2013$18.02-0.74%
2014$17.42-3.32%
2015$17.35-0.39%
2016$17.07-1.63%
2017$16.93-0.83%
2018$17.040.65%
2019$17.603.28%
2020$17.630.17%
2021$19.359.76%
2022$21.6912.10%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Living room, kitchen, and dining room furniture:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000101.600101.815102.400101.47798.63897.16295.91592.65492.78591.62690.46990.71188.93288.86490.76890.09487.10686.76485.34984.64285.18987.98488.13396.731108.435

Adjust living room, kitchen, and dining room furniture prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Living room, kitchen, and dining room furniture was 100.000 in the year 1997 and 108.435 in 2022:

108.435 / 100.000 * $20 = $21.69

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $21.69 in 2022 (in the CPI category of Living room, kitchen, and dining room furniture).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Living room, kitchen, and dining room furniture in 1997. In addition to living room, kitchen, and dining room furniture, 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.