According to the U.S. Bureau of Labor Statistics, prices for floor coverings are 17.55% higher in 2024 versus 2020 (a $3.51 difference in value).
Between 2020 and 2024: Floor coverings experienced an average inflation rate of 4.12% per year. This rate of change indicates significant inflation. In other words, floor coverings costing $20 in the year 2020 would cost $23.51 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.87% during this same period, inflation for floor coverings was lower.
In the year 2020: Pricing changed by -1.50%, which is significantly below the average yearly change for floor coverings during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for floor coverings was lower.
Below are calculations of equivalent buying power for Floor coverings, 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 | -1.50% |
| 2021 | $20.51 | 2.57% |
| 2022 | $22.79 | 11.09% |
| 2023 | $23.92 | 4.97% |
| 2024 | $23.51 | -1.72%* |
* 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 Floor coverings:
| 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 | 101.538 | 101.631 | 104.238 | 107.423 | 108.731 | 107.469 | 107.477 | 111.738 | 116.685 | 118.117 | 118.119 | 118.794 | 114.508 | 114.589 | 112.789 | 108.248 | 108.273 | 108.581 | 110.032 | 109.101 | 112.124 | 113.718 | 112.016 | 114.891 | 127.634 | 133.980 | 131.673 |