According to the U.S. Bureau of Labor Statistics, prices for other household equipment and furnishings are 8.27% higher in 2024 versus 2020 (a $1.65 difference in value).
Between 2020 and 2024: Other household equipment and furnishings experienced an average inflation rate of 2.01% per year. This rate of change indicates significant inflation. In other words, other household equipment and furnishings costing $20 in the year 2020 would cost $21.65 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for other household equipment and furnishings was lower.
In the year 2020: Pricing changed by -0.87%, which is below the average yearly change for other household equipment and furnishings during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), 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 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2020 | $20.00 | -0.87% |
2021 | $20.57 | 2.83% |
2022 | $22.02 | 7.08% |
2023 | $21.96 | -0.27% |
2024 | $21.65 | -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 |