Canned fruits and vegetables priced at $20 in 2023 $20.35 in 2024

Canned Fruits And Vegetables Inflation Calculator


Prices for Canned Fruits And Vegetables, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for canned fruits and vegetables are 1.73% higher in 2024 versus 2023 (a $0.35 difference in value).

Between 2023 and 2024: Canned fruits and vegetables experienced an average inflation rate of 1.73% per year. In other words, canned fruits and vegetables costing $20 in the year 2023 would cost $20.35 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.44% during this same period, inflation for canned fruits and vegetables was lower.

In the year 2023: Pricing changed by 7.06%, which is significantly above the average yearly change for canned fruits and vegetables during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for canned fruits and vegetables was 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: 2022 (13.86%), 2008 (11.65%), and 2009 (8.55%).

View price changes for other categories
Tampa, Florida · Boston, Massachusetts · Bread · New York · More

Buying power of $20.00 since 2023

Below are calculations of equivalent buying power for Canned fruits and vegetables, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust canned fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Canned fruits and vegetables was 213.038 in the year 2023 and 216.715 in 2024:

216.715 / 213.038 * $20 = $20.35

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $20.35 in 2024 (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.