Bakery products priced at $20 in 2011 $22.39 in 2020

Bakery Products Inflation Calculator

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Prices for Bakery Products, 2011-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for bakery products were 11.95% higher in 2020 versus 2011 (a $2.39 difference in value).

Between 2011 and 2020: Bakery products experienced an average inflation rate of 1.26% per year. In other words, bakery products costing $20 in the year 2011 would cost $22.39 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.54% during this same period, inflation for bakery products was lower.

In the year 2011: Pricing changed by 3.73%, which is above the average yearly change for bakery products during the 2011-2020 time period. Compared to inflation for all items in 2011 (3.16%), inflation for bakery products was higher.

Price Inflation for Bakery products since 1992

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (10.30%), 1996 (5.22%), and 2007 (4.55%).

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

Year 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 150.400 155.683 161.867 167.333 176.067 181.142 185.417 189.450 194.108 201.317 206.125 211.667 216.258 220.525 226.350 236.638 261.016 268.902 267.955 277.950 286.583 291.489 292.532 296.603 296.866 296.830 299.298 304.810 311.176

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Buying power of $20 since 2011

Below are calculations of equivalent buying power for Bakery products, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2011 $20.00 3.73%
2012 $20.62 3.11%
2013 $20.97 1.71%
2014 $21.05 0.36%
2015 $21.34 1.39%
2016 $21.36 0.09%
2017 $21.36 -0.01%
2018 $21.54 0.83%
2019 $21.93 1.84%
2020 $22.39 2.09%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for bakery products, 2011-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2011 * 2011 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Bakery products was 277.950 in the year 2011 and 311.176 in 2020:

311.176 / 277.950 * $20 = $22.39

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2011 has the same "purchasing power" as $22.39 in 2020 (in the CPI category of Bakery products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Bakery products in 1992. 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.

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