According to the U.S. Bureau of Labor Statistics, prices for apples were 1,600.50% higher in 2020 versus 1949 (a $320.10 difference in value).
Between 1949 and 2020: Apples experienced an average inflation rate of 4.07% per year. This rate of change indicates significant inflation. In other words, apples costing $20 in the year 1949 would cost $340.10 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.42% during this same period, inflation for apples was higher.
In the year 1949: Pricing changed by 5.16%, which is above the average yearly change for apples during the 1949-2020 time period. Compared to inflation for all items in 1949 (-0.99%), inflation for apples was much higher.
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 | 2019 | 2020 |
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 | 335.449 | 338.929 | 322.572 |
Below are calculations of equivalent buying power for Apples, over time, for $20 beginning in 1949. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1949 | $20.00 | 5.16% |
1950 | $18.94 | -5.31% |
1951 | $17.36 | -8.35% |
1952 | $23.50 | 35.37% |
1953 | $26.54 | 12.94% |
1954 | $25.82 | -2.72% |
1955 | $25.47 | -1.35% |
1956 | $25.55 | 0.32% |
1957 | $27.90 | 9.23% |
1958 | $25.48 | -8.70% |
1959 | $24.83 | -2.56% |
1960 | $28.25 | 13.78% |
1961 | $30.25 | 7.09% |
1962 | $28.60 | -5.47% |
1963 | $30.22 | 5.67% |
1964 | $30.48 | 0.86% |
1965 | $31.24 | 2.50% |
1966 | $34.87 | 11.63% |
1967 | $36.59 | 4.93% |
1968 | $42.64 | 16.51% |
1969 | $42.38 | -0.61% |
1970 | $39.12 | -7.67% |
1971 | $41.78 | 6.80% |
1972 | $44.51 | 6.52% |
1973 | $53.05 | 19.19% |
1974 | $59.47 | 12.11% |
1975 | $59.46 | -0.03% |
1976 | $56.93 | -4.24% |
1977 | $67.57 | 18.68% |
1978 | $84.47 | 25.02% |
1979 | $83.40 | -1.27% |
1980 | $97.06 | 16.39% |
1981 | $88.93 | -8.38% |
1982 | $104.18 | 17.15% |
1983 | $99.75 | -4.25% |
1984 | $112.37 | 12.65% |
1985 | $119.26 | 6.13% |
1986 | $137.70 | 15.46% |
1987 | $138.07 | 0.27% |
1988 | $141.49 | 2.48% |
1989 | $148.11 | 4.68% |
1990 | $155.47 | 4.97% |
1991 | $182.23 | 17.21% |
1992 | $189.26 | 3.86% |
1993 | $178.22 | -5.84% |
1994 | $183.41 | 2.91% |
1995 | $193.50 | 5.50% |
1996 | $213.30 | 10.24% |
1997 | $210.43 | -1.35% |
1998 | $213.28 | 1.36% |
1999 | $211.01 | -1.06% |
2000 | $224.14 | 6.22% |
2001 | $225.47 | 0.60% |
2002 | $243.27 | 7.89% |
2003 | $257.67 | 5.92% |
2004 | $265.34 | 2.97% |
2005 | $259.39 | -2.24% |
2006 | $292.44 | 12.74% |
2007 | $315.72 | 7.96% |
2008 | $351.62 | 11.37% |
2009 | $303.89 | -13.57% |
2010 | $312.17 | 2.73% |
2011 | $328.96 | 5.38% |
2012 | $353.04 | 7.32% |
2013 | $367.64 | 4.13% |
2014 | $363.91 | -1.01% |
2015 | $347.03 | -4.64% |
2016 | $370.54 | 6.77% |
2017 | $363.22 | -1.97% |
2018 | $353.68 | -2.63% |
2019 | $357.35 | 1.04% |
2020 | $340.10 | -4.83%* |