Living room, kitchen, and dining room furniture priced at $20 in 1997 $18.26 in 2021

Living Room, Kitchen, And Dining Room Furniture Inflation Calculator

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Prices for Living Room, Kitchen, And Dining Room Furniture, 1997-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for living room, kitchen, and dining room furniture were 8.69% lower in 2021 versus 1997 (a $1.74 difference in value).

Between 1997 and 2021: Living room, kitchen, and dining room furniture experienced an average inflation rate of -0.38% per year. In other words, living room, kitchen, and dining room furniture costing $20 in the year 1997 would cost $18.26 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.10% 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: 2021 (3.60%), 2005 (-3.40%), and 2014 (-3.32%).

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

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
CPI 100.000 101.600 101.815 102.400 101.477 98.638 97.162 95.915 92.654 92.785 91.626 90.469 90.711 88.932 88.864 90.768 90.094 87.106 86.764 85.349 84.642 85.189 87.984 88.133 91.310

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Buying power of $20 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:

Year USD Value Inflation Rate
1997 $20.00 -
1998 $20.32 1.60%
1999 $20.36 0.21%
2000 $20.48 0.57%
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 $18.56 0.14%
2007 $18.33 -1.25%
2008 $18.09 -1.26%
2009 $18.14 0.27%
2010 $17.79 -1.96%
2011 $17.77 -0.08%
2012 $18.15 2.14%
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 $17.04 0.65%
2019 $17.60 3.28%
2020 $17.63 0.17%
2021 $18.26 3.60%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for living room, kitchen, and dining room furniture, 1997-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1997 * 1997 USD value = 2021 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 91.310 in 2021:

91.310 / 100.000 * $20 = $18.26

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $18.26 in 2021 (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.

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