According to the U.S. Bureau of Labor Statistics, prices for other household equipment and furnishings are 12.76% lower in 2021 versus 2015 (a $2.55 difference in value).
Between 2015 and 2021: Other household equipment and furnishings experienced an average inflation rate of -2.25% per year. This rate of change indicates significant deflation. In other words, other household equipment and furnishings costing $20 in the year 2015 would cost $17.45 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.16% during this same period, inflation for other household equipment and furnishings was significantly lower.
In the year 2015: Pricing changed by -2.76%, which is below the average yearly change for other household equipment and furnishings during the 2015-2021 time period. Compared to inflation for all items in 2015 (0.12%), 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 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other household equipment and furnishings: