According to the U.S. Bureau of Labor Statistics, prices for cakes, cupcakes, and cookies were 6.09% higher in 2021 versus 2017 (a $1.22 difference in value).
Between 2017 and 2021: Cakes, cupcakes, and cookies experienced an average inflation rate of 1.49% per year. In other words, cakes, cupcakes, and cookies costing $20 in the year 2017 would cost $21.22 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.09% during this same period, inflation for cakes, cupcakes, and cookies was lower.
In the year 2017: Pricing changed by 0.40%, which is below the average yearly change for cakes, cupcakes, and cookies during the 2017-2021 time period. Compared to inflation for all items in 2017 (2.13%), inflation for cakes, cupcakes, and cookies was lower.
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 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|