According to the U.S. Bureau of Labor Statistics, prices for living room, kitchen, and dining room furniture are 3.28% higher in 2024 versus 1998 (a $0.66 difference in value).
Between 1998 and 2024: Living room, kitchen, and dining room furniture experienced an average inflation rate of 0.12% per year. In other words, living room, kitchen, and dining room furniture costing $20 in the year 1998 would cost $20.66 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for living room, kitchen, and dining room furniture was lower.
In the year 1998: Pricing changed by 1.60%, which is above the average yearly change for living room, kitchen, and dining room furniture during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for living room, kitchen, and dining room furniture was higher.
Below are calculations of equivalent buying power for Living room, kitchen, and dining room furniture, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 1.60% |
| 1999 | $20.04 | 0.21% |
| 2000 | $20.16 | 0.57% |
| 2001 | $19.98 | -0.90% |
| 2002 | $19.42 | -2.80% |
| 2003 | $19.13 | -1.50% |
| 2004 | $18.88 | -1.28% |
| 2005 | $18.24 | -3.40% |
| 2006 | $18.26 | 0.14% |
| 2007 | $18.04 | -1.25% |
| 2008 | $17.81 | -1.26% |
| 2009 | $17.86 | 0.27% |
| 2010 | $17.51 | -1.96% |
| 2011 | $17.49 | -0.08% |
| 2012 | $17.87 | 2.14% |
| 2013 | $17.74 | -0.74% |
| 2014 | $17.15 | -3.32% |
| 2015 | $17.08 | -0.39% |
| 2016 | $16.80 | -1.63% |
| 2017 | $16.66 | -0.83% |
| 2018 | $16.77 | 0.65% |
| 2019 | $17.32 | 3.28% |
| 2020 | $17.35 | 0.17% |
| 2021 | $19.04 | 9.76% |
| 2022 | $21.85 | 14.75% |
| 2023 | $21.39 | -2.11% |
| 2024 | $20.66 | -3.43%* |
* 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 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 | 2022 | 2023 | 2024 |
| 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 | 96.731 | 110.999 | 108.662 | 104.933 |