Cakes, cupcakes, and cookies priced at $20 in 2021 $21.56 in 2022

Cakes, Cupcakes, And Cookies Inflation Calculator


Prices for Cakes, Cupcakes, And Cookies, 2021-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cakes, cupcakes, and cookies are 7.81% higher in 2022 versus 2021 (a $1.56 difference in value).

Between 2021 and 2022: Cakes, cupcakes, and cookies experienced an average inflation rate of 7.81% per year. This rate of change indicates significant inflation. In other words, cakes, cupcakes, and cookies costing $20 in the year 2021 would cost $21.56 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 6.41% during this same period, inflation for cakes, cupcakes, and cookies was higher.

In the year 2021: Pricing changed by 2.63%, which is significantly below the average yearly change for cakes, cupcakes, and cookies during the 2021-2022 time period. Compared to inflation for all items in 2021 (4.70%), inflation for cakes, cupcakes, and cookies was lower.

Price Inflation for Cakes, cupcakes, and cookies since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (11.56%), 1981 (11.51%), and 1979 (9.82%).

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Buying power of $20.00 since 2021

Below are calculations of equivalent buying power for Cakes, cupcakes, and cookies, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cakes, cupcakes, and cookies:


Adjust cakes, cupcakes, and cookies prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2021 * 2021 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Cakes, cupcakes, and cookies was 302.660 in the year 2021 and 326.286 in 2022:

326.286 / 302.660 * $20 = $21.56

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $21.56 in 2022 (in the CPI category of Cakes, cupcakes, and cookies).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Cakes, cupcakes, and cookies in 1978. In addition to cakes, cupcakes, and cookies, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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