Candy and chewing gum priced at $20 in 2015 $25.71 in 2023

Candy And Chewing Gum Inflation Calculator

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Prices for Candy And Chewing Gum, 2015-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for candy and chewing gum are 28.57% higher in 2023 versus 2015 (a $5.71 difference in value).

Between 2015 and 2023: Candy and chewing gum experienced an average inflation rate of 3.19% per year. This rate of change indicates significant inflation. In other words, candy and chewing gum costing $20 in the year 2015 would cost $25.71 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.05% during this same period, inflation for candy and chewing gum was higher.

In the year 2015: Pricing changed by 4.05%, which is above the average yearly change for candy and chewing gum during the 2015-2023 time period. Compared to inflation for all items in 2015 (0.12%), inflation for candy and chewing gum was much higher.

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 (9.35%), 2023 (7.33%), and 2008 (6.11%).

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Buying power of $20.00 since 2015

Below are calculations of equivalent buying power for Candy and chewing gum, over time, for $20 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2015$20.004.05%
2016$19.96-0.19%
2017$19.85-0.54%
2018$20.040.95%
2019$20.642.97%
2020$21.313.25%
2021$21.912.82%
2022$23.969.35%
2023$25.717.33%*

* 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:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.000100.954102.315103.785104.308106.223107.838108.362109.462112.200116.075123.163130.161132.467135.965140.907139.555139.692145.352145.080144.297145.674149.997154.872159.238174.127186.886

Adjust candy and chewing gum prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2015 * 2015 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Candy and chewing gum was 145.352 in the year 2015 and 186.886 in 2023:

186.886 / 145.352 * $20 = $25.71

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2015 has the same "purchasing power" as $25.71 in 2023 (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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