According to the U.S. Bureau of Labor Statistics, prices for bread were 57.40% higher in 2020 versus 2004 (a $2.87 difference in value).
Between 2004 and 2020: Bread experienced an average inflation rate of 2.88% per year. This rate of change indicates significant inflation. In other words, bread costing $5 in the year 2004 would cost $7.87 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.99% during this same period, inflation for bread was higher.
In the year 2004: Pricing changed by 2.21%, which is below the average yearly change for bread during the 2004-2020 time period. Compared to inflation for all items in 2004 (2.68%), inflation for bread was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bread:
Year | 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 | 100.000 | 101.108 | 103.815 | 107.362 | 112.531 | 115.362 | 118.515 | 121.138 | 126.238 | 130.392 | 140.094 | 160.559 | 162.576 | 159.759 | 168.673 | 173.391 | 176.765 | 176.423 | 178.654 | 178.453 | 178.285 | 179.352 | 184.134 | 190.673 |
Below are calculations of equivalent buying power for Bread, over time, for $5 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2004 | $5.00 | 2.21% |
2005 | $5.21 | 4.21% |
2006 | $5.38 | 3.29% |
2007 | $5.78 | 7.44% |
2008 | $6.63 | 14.61% |
2009 | $6.71 | 1.26% |
2010 | $6.59 | -1.73% |
2011 | $6.96 | 5.58% |
2012 | $7.16 | 2.80% |
2013 | $7.30 | 1.95% |
2014 | $7.28 | -0.19% |
2015 | $7.37 | 1.26% |
2016 | $7.37 | -0.11% |
2017 | $7.36 | -0.09% |
2018 | $7.40 | 0.60% |
2019 | $7.60 | 2.67% |
2020 | $7.87 | 3.55%* |