Bakery products price inflation, 1997→2026

Bakery Products Inflation Calculator

Prices for Bakery Products, 1997-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for bakery products are 123.10% higher in 2026 versus 1997 (a $24.62 difference in value).

Between 1997 and 2026:Bakery products experienced an average inflation rate of 2.81% per year. This rate of change indicates significant inflation. In other words, bakery products costing $20 in the year 1997 would cost $44.62 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation for bakery products was higher.

In the year 1997: Pricing changed by 2.88%, which is above the average yearly change for bakery products during the 1997-2026 time period. Compared to inflation for all items in 1997 (2.34%), inflation for bakery products was higher.

Price Inflation for Bakery products since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2022 (12.70%), 1980 (11.38%), and 1979 (10.65%).

View price changes for other categories
Airline fares · Admission to sporting events · Bananas · Bread · More

Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Bakery products, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1997	$20.00	2.88%
1998	$20.47	2.36%
1999	$20.92	2.17%
2000	$21.43	2.47%
2001	$22.23	3.71%
2002	$22.76	2.39%
2003	$23.37	2.68%
2004	$23.88	2.17%
2005	$24.35	1.98%
2006	$24.99	2.65%
2007	$26.13	4.54%
2008	$28.82	10.31%
2009	$29.69	3.02%
2010	$29.59	-0.35%
2011	$30.69	3.73%
2012	$31.64	3.11%
2013	$32.18	1.71%
2014	$32.30	0.36%
2015	$32.75	1.39%
2016	$32.78	0.09%
2017	$32.77	-0.01%
2018	$33.05	0.83%
2019	$33.65	1.84%
2020	$34.46	2.38%
2021	$35.32	2.52%
2022	$39.81	12.70%
2023	$43.39	8.99%
2024	$43.79	0.92%
2025	$44.50	1.63%
2026	$44.62	0.27%*

* 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 Bakery products:

Year	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	2025	2026
CPI	64.700	67.992	75.233	83.792	91.833	96.150	99.658	104.183	108.167	111.058	115.067	121.767	131.517	139.217	144.725	150.408	155.675	161.867	167.350	176.067	181.142	185.417	189.433	194.108	201.317	206.125	211.650	216.242	220.525	226.358	236.633	261.026	268.906	267.956	277.950	286.583	291.489	292.532	296.603	296.866	296.830	299.298	304.810	312.064	319.920	360.548	392.958	396.568	403.043	404.131

Adjust bakery products prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1997* 1997 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Bakery products was 181.142 in the year 1997 and 404.131 in 2026:

404.131 / 181.142* $20 = $44.62

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $44.62 in 2026 (in the CPI category of Bakery products).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Bakery products in 1977. In addition to bakery products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.