Canned fruits and vegetables priced at $20 in 2008 $24.06 in 2020

Canned Fruits And Vegetables Inflation Calculator

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Prices for Canned Fruits And Vegetables, 2008-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for canned fruits and vegetables were 20.32% higher in 2020 versus 2008 (a $4.06 difference in value).

Between 2008 and 2020: Canned fruits and vegetables experienced an average inflation rate of 1.55% per year. In other words, canned fruits and vegetables costing $20 in the year 2008 would cost $24.06 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.55% 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 2008-2020 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%), 2009 (8.55%), and 2005 (3.75%).

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

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 100.000 102.500 104.923 105.423 108.262 112.185 113.177 113.892 118.162 121.785 125.503 140.125 152.111 150.053 153.616 158.503 160.569 162.201 162.729 162.001 158.205 158.747 163.739 168.595

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Buying power of $20 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:

Year USD Value Inflation Rate
2008 $20.00 11.65%
2009 $21.71 8.55%
2010 $21.42 -1.35%
2011 $21.93 2.37%
2012 $22.62 3.18%
2013 $22.92 1.30%
2014 $23.15 1.02%
2015 $23.23 0.33%
2016 $23.12 -0.45%
2017 $22.58 -2.34%
2018 $22.66 0.34%
2019 $23.37 3.14%
2020 $24.06 2.97%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for canned fruits and vegetables, 2008-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2008 * 2008 USD value = 2020 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 168.595 in 2020:

168.595 / 140.125 * $20 = $24.06

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2008 has the same "purchasing power" as $24.06 in 2020 (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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