According to the U.S. Bureau of Labor Statistics, prices for other household equipment and furnishings are 46.27% lower in 2024 versus 1998 (a $9.25 difference in value).
Between 1998 and 2024: Other household equipment and furnishings experienced an average inflation rate of -2.36% per year. This rate of change indicates significant deflation. In other words, other household equipment and furnishings costing $20 in the year 1998 would cost $10.75 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for other household equipment and furnishings was significantly lower.
In the year 1998: Pricing changed by 1.29%, which is significantly above the average yearly change for other household equipment and furnishings during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for other household equipment and furnishings was lower.
Below are calculations of equivalent buying power for Other household equipment and furnishings, 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 | 1.29% |
1999 | $19.52 | -2.42% |
2000 | $19.34 | -0.88% |
2001 | $19.10 | -1.27% |
2002 | $18.52 | -3.01% |
2003 | $17.63 | -4.85% |
2004 | $17.25 | -2.13% |
2005 | $16.88 | -2.17% |
2006 | $15.87 | -5.96% |
2007 | $15.19 | -4.28% |
2008 | $14.93 | -1.73% |
2009 | $14.61 | -2.15% |
2010 | $13.97 | -4.36% |
2011 | $13.52 | -3.26% |
2012 | $12.97 | -4.04% |
2013 | $12.54 | -3.31% |
2014 | $11.99 | -4.37% |
2015 | $11.66 | -2.76% |
2016 | $11.28 | -3.28% |
2017 | $10.74 | -4.77% |
2018 | $10.16 | -5.38% |
2019 | $10.01 | -1.48% |
2020 | $9.92 | -0.87% |
2021 | $10.21 | 2.83% |
2022 | $10.93 | 7.08% |
2023 | $10.90 | -0.27% |
2024 | $10.75 | -1.40%* |
* 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 Other household equipment and furnishings:
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 | 101.292 | 98.838 | 97.969 | 96.723 | 93.815 | 89.269 | 87.369 | 85.477 | 80.385 | 76.948 | 75.614 | 73.991 | 70.762 | 68.452 | 65.688 | 63.511 | 60.733 | 59.057 | 57.118 | 54.394 | 51.466 | 50.704 | 50.263 | 51.686 | 55.348 | 55.197 | 54.422 |