Apples priced at $20 in 2000 $31.67 in 2018

Historical Price Inflation for Apples

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Prices for Apples, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for apples were 58.34% higher in 2018 versus 2000 (a $11.67 difference in value).

Between 2000 and 2018: Apples experienced an average inflation rate of 2.59% per year. This rate of change indicates significant inflation. In other words, apples costing $20 in the year 2000 would cost $31.67 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.09% during this same period, inflation for apples was higher.

In the year 2000: Pricing changed by 6.22%, which is significantly above the average yearly change for apples during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for apples was higher.

Price Inflation for Apples since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1943 (51.50%), 1952 (35.37%), and 1942 (31.95%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Apples:

Year 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 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
CPI 7.254 7.731 7.969 10.515 15.931 16.662 19.077 20.223 19.392 18.038 18.969 17.962 16.462 22.285 25.169 24.485 24.154 24.231 26.467 24.164 23.546 26.792 28.692 27.123 28.662 28.908 29.631 33.077 34.708 40.438 40.192 37.108 39.631 42.215 50.315 56.408 56.392 54.000 64.085 80.115 79.100 92.062 84.346 98.808 94.608 106.577 113.115 130.608 130.954 134.200 140.477 147.462 172.838 179.508 169.031 173.954 183.523 202.308 199.585 202.292 200.138 212.585 213.854 230.731 244.392 251.662 246.023 277.369 299.446 333.496 288.225 296.082 312.003 334.848 348.691 345.156 329.146 351.439 344.502 336.607

View price changes for other categories
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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Apples, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 6.22%
2001 $20.12 0.60%
2002 $21.71 7.89%
2003 $22.99 5.92%
2004 $23.68 2.97%
2005 $23.15 -2.24%
2006 $26.09 12.74%
2007 $28.17 7.96%
2008 $31.38 11.37%
2009 $27.12 -13.57%
2010 $27.86 2.73%
2011 $29.35 5.38%
2012 $31.50 7.32%
2013 $32.80 4.13%
2014 $32.47 -1.01%
2015 $30.97 -4.64%
2016 $33.06 6.77%
2017 $32.41 -1.97%
2018 $31.67 -2.29%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for apples, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Apples was 212.585 in the year 2000 and 336.607 in 2018:

336.607 / 212.585 * $20 = $31.67

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $31.67 in 2018 (in the CPI category of Apples).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Apples in 1939. In addition to apples, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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