Candy and chewing gum priced at $20 in 2011 $22.78 in 2020

Candy And Chewing Gum Inflation Calculator

$

Prices for Candy And Chewing Gum, 2011-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for candy and chewing gum were 13.91% higher in 2020 versus 2011 (a $2.78 difference in value).

Between 2011 and 2020: Candy and chewing gum experienced an average inflation rate of 1.46% per year. In other words, candy and chewing gum costing $20 in the year 2011 would cost $22.78 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.57% during this same period, inflation for candy and chewing gum was lower.

In the year 2011: Pricing changed by 2.64%, which is above the average yearly change for candy and chewing gum during the 2011-2020 time period. Compared to inflation for all items in 2011 (3.16%), 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: 2008 (6.11%), 2009 (5.68%), and 2015 (4.05%).

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

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 100.000 100.954 102.315 103.785 104.308 106.223 107.838 108.362 109.462 112.200 116.075 123.163 130.161 132.467 135.965 140.907 139.555 139.692 145.352 145.080 144.297 145.674 149.997 154.872

View price changes for other categories
Airline fares · Bread · Dental services · New cars · More

Buying power of $20 since 2011

Below are calculations of equivalent buying power for Candy and chewing gum, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2011 $20.00 2.64%
2012 $20.73 3.63%
2013 $20.53 -0.96%
2014 $20.55 0.10%
2015 $21.38 4.05%
2016 $21.34 -0.19%
2017 $21.23 -0.54%
2018 $21.43 0.95%
2019 $22.06 2.97%
2020 $22.78 3.25%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for candy and chewing gum, 2011-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2011 * 2011 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Candy and chewing gum was 135.965 in the year 2011 and 154.872 in 2020:

154.872 / 135.965 * $20 = $22.78

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2011 has the same "purchasing power" as $22.78 in 2020 (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.

» Read more about inflation and investment.