Canned fruits and vegetables priced at $20 in 2008 $27.47 in 2022

Canned Fruits And Vegetables Inflation Calculator

$

Prices for Canned Fruits And Vegetables, 2008-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for canned fruits and vegetables are 37.33% higher in 2022 versus 2008 (a $7.47 difference in value).

Between 2008 and 2022: Canned fruits and vegetables experienced an average inflation rate of 2.29% per year. This rate of change indicates significant inflation. In other words, canned fruits and vegetables costing $20 in the year 2008 would cost $27.47 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.14% during this same period, inflation for canned fruits and vegetables was higher.

In the year 2008: Pricing changed by 11.65%, which is significantly above the average yearly change for canned fruits and vegetables during the 2008-2022 time period. Compared to inflation for all items in 2008 (3.84%), inflation for canned fruits and vegetables was much higher.

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: 2008 (11.65%), 2022 (10.11%), and 2009 (8.55%).

View price changes for other categories
Rent of primary residence · Electricity · Baby food · Fish and seafood · More

Buying power of $20.00 since 2008

Below are calculations of equivalent buying power for Canned fruits and vegetables, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2008$20.0011.65%
2009$21.718.55%
2010$21.42-1.35%
2011$21.932.37%
2012$22.623.18%
2013$22.921.30%
2014$23.151.02%
2015$23.230.33%
2016$23.12-0.45%
2017$22.58-2.34%
2018$22.660.34%
2019$23.373.14%
2020$24.062.97%
2021$24.943.66%
2022$27.4710.11%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Canned fruits and vegetables:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000102.500104.923105.423108.262112.185113.177113.892118.162121.785125.503140.125152.111150.053153.616158.503160.569162.201162.729162.001158.205158.747163.739168.595174.769192.432

Adjust canned fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2008 * 2008 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Canned fruits and vegetables was 140.125 in the year 2008 and 192.432 in 2022:

192.432 / 140.125 * $20 = $27.47

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2008 has the same "purchasing power" as $27.47 in 2022 (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.

» Read more about inflation and investment.