Living room, kitchen, and dining room furniture priced at $20 in 2003 $21.64 in 2024

Living Room, Kitchen, And Dining Room Furniture Inflation Calculator

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Prices for Living Room, Kitchen, And Dining Room Furniture, 2003-2024 ($20)

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.

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 (14.75%), 2021 (9.76%), and 2005 (-3.40%).

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Buying power of $20.00 since 2003

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:

YearUSD ValueInflation Rate
2003$20.00-1.50%
2004$19.74-1.28%
2005$19.07-3.40%
2006$19.100.14%
2007$18.86-1.25%
2008$18.62-1.26%
2009$18.670.27%
2010$18.31-1.96%
2011$18.29-0.08%
2012$18.682.14%
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$17.540.65%
2019$18.113.28%
2020$18.140.17%
2021$19.919.76%
2022$22.8514.75%
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:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000101.600101.815102.400101.47798.63897.16295.91592.65492.78591.62690.46990.71188.93288.86490.76890.09487.10686.76485.34984.64285.18987.98488.13396.731110.999108.662105.125

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

Start with the inflation rate formula:

CPI in 2024 / CPI in 2003 * 2003 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Living room, kitchen, and dining room furniture was 97.162 in the year 2003 and 105.125 in 2024:

105.125 / 97.162 * $20 = $21.64

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $21.64 in 2024 (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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