According to the U.S. Bureau of Labor Statistics, prices for other household equipment and furnishings were 40.91% lower in 2021 versus 2004 (a $8.18 difference in value).
Between 2004 and 2021: Other household equipment and furnishings experienced an average inflation rate of -3.05% per year. This rate of change indicates significant deflation. In other words, other household equipment and furnishings costing $20 in the year 2004 would cost $11.82 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.97% during this same period, inflation for other household equipment and furnishings was significantly lower.
In the year 2004: Pricing changed by -2.13%, which is above the average yearly change for other household equipment and furnishings during the 2004-2021 time period. Compared to inflation for all items in 2004 (2.68%), inflation for other household equipment and furnishings was much lower.
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 |
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 | 51.626 |
Below are calculations of equivalent buying power for Other household equipment and furnishings, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2004 | $20.00 | -2.13% |
2005 | $19.57 | -2.17% |
2006 | $18.40 | -5.96% |
2007 | $17.61 | -4.28% |
2008 | $17.31 | -1.73% |
2009 | $16.94 | -2.15% |
2010 | $16.20 | -4.36% |
2011 | $15.67 | -3.26% |
2012 | $15.04 | -4.04% |
2013 | $14.54 | -3.31% |
2014 | $13.90 | -4.37% |
2015 | $13.52 | -2.76% |
2016 | $13.07 | -3.28% |
2017 | $12.45 | -4.77% |
2018 | $11.78 | -5.38% |
2019 | $11.61 | -1.48% |
2020 | $11.51 | -0.87% |
2021 | $11.82 | 2.71%* |