According to the U.S. Bureau of Labor Statistics, prices for household furnishings and operations are 251.30% higher in 2024 versus 1967 (a $50.26 difference in value).
Between 1967 and 2024: Household furnishings and operations experienced an average inflation rate of 2.23% per year. This rate of change indicates significant inflation. In other words, household furnishings and operations costing $20 in the year 1967 would cost $70.26 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.01% during this same period, inflation for household furnishings and operations was lower.
Below are calculations of equivalent buying power for Household furnishings and operations, over time, for $20 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1967 | $20.00 | - |
1968 | $20.76 | 3.81% |
1969 | $21.53 | 3.72% |
1970 | $22.31 | 3.61% |
1971 | $23.14 | 3.71% |
1972 | $23.66 | 2.25% |
1973 | $24.33 | 2.82% |
1974 | $27.05 | 11.20% |
1975 | $30.19 | 11.60% |
1976 | $32.02 | 6.08% |
1977 | $33.50 | 4.60% |
1978 | $35.54 | 6.09% |
1979 | $38.07 | 7.12% |
1980 | $41.09 | 7.94% |
1981 | $44.26 | 7.71% |
1982 | $46.64 | 5.39% |
1983 | $47.70 | 2.28% |
1984 | $48.50 | 1.67% |
1985 | $49.45 | 1.96% |
1986 | $50.09 | 1.30% |
1987 | $50.99 | 1.80% |
1988 | $52.08 | 2.14% |
1989 | $52.96 | 1.69% |
1990 | $53.93 | 1.83% |
1991 | $55.21 | 2.38% |
1992 | $56.18 | 1.74% |
1993 | $56.78 | 1.08% |
1994 | $57.62 | 1.47% |
1995 | $58.56 | 1.65% |
1996 | $59.36 | 1.36% |
1997 | $59.69 | 0.56% |
1998 | $60.25 | 0.94% |
1999 | $60.34 | 0.15% |
2000 | $61.05 | 1.18% |
2001 | $61.45 | 0.65% |
2002 | $61.10 | -0.57% |
2003 | $60.04 | -1.73% |
2004 | $59.74 | -0.51% |
2005 | $60.03 | 0.49% |
2006 | $60.48 | 0.74% |
2007 | $60.41 | -0.12% |
2008 | $60.85 | 0.73% |
2009 | $61.28 | 0.71% |
2010 | $59.75 | -2.50% |
2011 | $59.49 | -0.44% |
2012 | $59.87 | 0.65% |
2013 | $59.40 | -0.78% |
2014 | $58.63 | -1.30% |
2015 | $58.37 | -0.44% |
2016 | $57.90 | -0.81% |
2017 | $57.47 | -0.74% |
2018 | $57.88 | 0.70% |
2019 | $58.94 | 1.84% |
2020 | $59.95 | 1.72% |
2021 | $62.65 | 4.49% |
2022 | $68.33 | 9.07% |
2023 | $70.63 | 3.37% |
2024 | $70.26 | -0.53%* |
* 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 Household furnishings and operations:
Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 42.008 | 43.608 | 45.231 | 46.862 | 48.600 | 49.692 | 51.092 | 56.815 | 63.408 | 67.262 | 70.354 | 74.638 | 79.954 | 86.300 | 92.954 | 97.962 | 100.192 | 101.862 | 103.854 | 105.200 | 107.092 | 109.385 | 111.238 | 113.269 | 115.969 | 117.992 | 119.262 | 121.015 | 123.008 | 124.677 | 125.369 | 126.554 | 126.738 | 128.238 | 129.077 | 128.338 | 126.115 | 125.477 | 126.092 | 127.023 | 126.875 | 127.800 | 128.701 | 125.490 | 124.943 | 125.749 | 124.765 | 123.147 | 122.604 | 121.615 | 120.716 | 121.566 | 123.797 | 125.926 | 131.582 | 143.518 | 148.352 | 147.571 |