Living room, kitchen, and dining room furniture priced at $20 in 2018 $20.57 in 2020

Living Room, Kitchen, And Dining Room Furniture Inflation Calculator

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Prices for Living Room, Kitchen, And Dining Room Furniture, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for living room, kitchen, and dining room furniture were 2.87% higher in 2020 versus 2018 (a $0.57 difference in value).

Between 2018 and 2020: Living room, kitchen, and dining room furniture experienced an average inflation rate of 1.43% per year. In other words, living room, kitchen, and dining room furniture costing $20 in the year 2018 would cost $20.57 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% 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 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2019 (3.28%), and 2020 (-0.40%).

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

Year 2018 2019 2020
CPI 85.189 87.984 87.635

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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Living room, kitchen, and dining room furniture, 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 -
2019 $20.66 3.28%
2020 $20.57 -0.40%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for living room, kitchen, and dining room furniture, 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 Living room, kitchen, and dining room furniture was 85.189 in the year 2018 and 87.635 in 2020:

87.635 / 85.189 * $20 = $20.57

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20.57 in 2020 (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 2018. 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.

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