According to the U.S. Bureau of Labor Statistics, prices for living room, kitchen, and dining room furniture are 8.20% higher in 2024 versus 2003 (a $1.64 difference in value).
Between 2003 and 2024: 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 2003 would cost $21.64 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for living room, kitchen, and dining room furniture was lower.
In the year 2003: Pricing changed by -1.50%, which is below the average yearly change for living room, kitchen, and dining room furniture during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for living room, kitchen, and dining room furniture was much lower.
Below are calculations of equivalent buying power for Living room, kitchen, and dining room furniture, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2003 | $20.00 | -1.50% |
2004 | $19.74 | -1.28% |
2005 | $19.07 | -3.40% |
2006 | $19.10 | 0.14% |
2007 | $18.86 | -1.25% |
2008 | $18.62 | -1.26% |
2009 | $18.67 | 0.27% |
2010 | $18.31 | -1.96% |
2011 | $18.29 | -0.08% |
2012 | $18.68 | 2.14% |
2013 | $18.55 | -0.74% |
2014 | $17.93 | -3.32% |
2015 | $17.86 | -0.39% |
2016 | $17.57 | -1.63% |
2017 | $17.42 | -0.83% |
2018 | $17.54 | 0.65% |
2019 | $18.11 | 3.28% |
2020 | $18.14 | 0.17% |
2021 | $19.91 | 9.76% |
2022 | $22.85 | 14.75% |
2023 | $22.37 | -2.11% |
2024 | $21.64 | -3.26%* |
* 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 | 105.125 |