Canned fruits and vegetables priced at $20 in 2003 $37.31 in 2023

Canned Fruits And Vegetables Inflation Calculator

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Prices for Canned Fruits And Vegetables, 2003-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for canned fruits and vegetables are 86.55% higher in 2023 versus 2003 (a $17.31 difference in value).

Between 2003 and 2023: Canned fruits and vegetables experienced an average inflation rate of 3.17% per year. This rate of change indicates significant inflation. In other words, canned fruits and vegetables costing $20 in the year 2003 would cost $37.31 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for canned fruits and vegetables was higher.

In the year 2003: Pricing changed by 0.88%, which is below the average yearly change for canned fruits and vegetables during the 2003-2023 time period. Compared to inflation for all items in 2003 (2.27%), inflation for canned fruits and vegetables was lower.

Price Inflation for Canned fruits and vegetables since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (13.86%), 2008 (11.65%), and 2009 (8.55%).

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Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for Canned fruits and vegetables, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.000.88%
2004$20.130.63%
2005$20.883.75%
2006$21.523.07%
2007$22.183.05%
2008$24.7611.65%
2009$26.888.55%
2010$26.52-1.35%
2011$27.152.37%
2012$28.013.18%
2013$28.371.30%
2014$28.661.02%
2015$28.760.33%
2016$28.63-0.45%
2017$27.96-2.34%
2018$28.050.34%
2019$28.943.14%
2020$29.792.97%
2021$30.883.66%
2022$35.1713.86%
2023$37.316.10%*

* 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 Canned fruits and vegetables:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.000102.500104.923105.423108.262112.185113.177113.892118.162121.785125.503140.125152.111150.053153.616158.503160.569162.201162.729162.001158.205158.747163.739168.595174.769198.996211.133

Adjust canned fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2003 * 2003 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Canned fruits and vegetables was 113.177 in the year 2003 and 211.133 in 2023:

211.133 / 113.177 * $20 = $37.31

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $37.31 in 2023 (in the CPI category of Canned fruits and vegetables).


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

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