According to the U.S. Bureau of Labor Statistics, prices for cakes, cupcakes, and cookies were 10.61% higher in 2021 versus 2013 (a $2.12 difference in value).
Between 2013 and 2021: Cakes, cupcakes, and cookies experienced an average inflation rate of 1.27% per year. In other words, cakes, cupcakes, and cookies costing $20 in the year 2013 would cost $22.12 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.63% during this same period, inflation for cakes, cupcakes, and cookies was lower.
In the year 2013: Pricing changed by 1.80%, which is above the average yearly change for cakes, cupcakes, and cookies during the 2013-2021 time period. Compared to inflation for all items in 2013 (1.46%), inflation for cakes, cupcakes, and cookies was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cakes, cupcakes, and cookies:
Below are calculations of equivalent buying power for Cakes, cupcakes, and cookies, over time, for $20 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|