Candy and chewing gum priced at $20 in 2019 $21.09 in 2021

Candy And Chewing Gum Inflation Calculator

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Prices for Candy And Chewing Gum, 2019-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for candy and chewing gum were 5.43% higher in 2021 versus 2019 (a $1.09 difference in value).

Between 2019 and 2021: Candy and chewing gum experienced an average inflation rate of 2.68% per year. This rate of change indicates significant inflation. In other words, candy and chewing gum costing $20 in the year 2019 would cost $21.09 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.84% during this same period, inflation for candy and chewing gum was higher.

In the year 2019: Pricing changed by 2.97%, which is above the average yearly change for candy and chewing gum during the 2019-2021 time period. Compared to inflation for all items in 2019 (1.81%), inflation for candy and chewing gum was 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: 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 2021
CPI 100.000 100.954 102.315 103.785 104.308 106.223 107.838 108.362 109.462 112.200 116.075 123.163 130.161 132.467 135.965 140.907 139.555 139.692 145.352 145.080 144.297 145.674 149.997 154.872 158.143

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Buying power of $20 since 2019

Below are calculations of equivalent buying power for Candy and chewing gum, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2019 $20.00 2.97%
2020 $20.65 3.25%
2021 $21.09 2.11%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for candy and chewing gum, 2019-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2019 * 2019 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Candy and chewing gum was 149.997 in the year 2019 and 158.143 in 2021:

158.143 / 149.997 * $20 = $21.09

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2019 has the same "purchasing power" as $21.09 in 2021 (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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