Candy and chewing gum priced at $20 in 1997 $34.47 in 2022

Candy And Chewing Gum Inflation Calculator

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Prices for Candy And Chewing Gum, 1997-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for candy and chewing gum are 72.37% higher in 2022 versus 1997 (a $14.47 difference in value).

Between 1997 and 2022: Candy and chewing gum experienced an average inflation rate of 2.20% per year. This rate of change indicates significant inflation. In other words, candy and chewing gum costing $20 in the year 1997 would cost $34.47 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.42% during this same period, inflation for candy and chewing gum was lower.

Price Inflation for Candy and chewing gum since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (8.24%), 2008 (6.11%), and 2009 (5.68%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Candy and chewing gum, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$20.00-
1998$20.190.95%
1999$20.461.35%
2000$20.761.44%
2001$20.860.50%
2002$21.241.84%
2003$21.571.52%
2004$21.670.49%
2005$21.891.02%
2006$22.442.50%
2007$23.223.45%
2008$24.636.11%
2009$26.035.68%
2010$26.491.77%
2011$27.192.64%
2012$28.183.63%
2013$27.91-0.96%
2014$27.940.10%
2015$29.074.05%
2016$29.02-0.19%
2017$28.86-0.54%
2018$29.130.95%
2019$30.002.97%
2020$30.973.25%
2021$31.852.82%
2022$34.478.24%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Candy and chewing gum:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000100.954102.315103.785104.308106.223107.838108.362109.462112.200116.075123.163130.161132.467135.965140.907139.555139.692145.352145.080144.297145.674149.997154.872159.238172.366

Adjust candy and chewing gum prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Candy and chewing gum was 100.000 in the year 1997 and 172.366 in 2022:

172.366 / 100.000 * $20 = $34.47

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $34.47 in 2022 (in the CPI category of Candy and chewing gum).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Candy and chewing gum in 1997. In addition to candy and chewing gum, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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