Canned fruits priced at $20 in 2014 $26.55 in 2024

Canned Fruits Inflation Calculator

$

Prices for Canned Fruits, 2014-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for canned fruits are 32.74% higher in 2024 versus 2014 (a $6.55 difference in value).

Between 2014 and 2024: Canned fruits experienced an average inflation rate of 2.87% per year. This rate of change indicates significant inflation. In other words, canned fruits costing $20 in the year 2014 would cost $26.55 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.84% during this same period, inflation for canned fruits was higher.

In the year 2014: Pricing changed by -0.31%, which is significantly below the average yearly change for canned fruits during the 2014-2024 time period. Compared to inflation for all items in 2014 (1.62%), inflation for canned fruits was lower.

Price Inflation for Canned fruits since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (13.31%), 2008 (8.27%), and 2023 (7.39%).

View price changes for other categories
Wine at home · Electricity · Boston, Massachusetts · Bread · More

Buying power of $20.00 since 2014

Below are calculations of equivalent buying power for Canned fruits, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2014$20.00-0.31%
2015$20.462.30%
2016$20.540.40%
2017$20.32-1.09%
2018$20.12-1.00%
2019$20.542.12%
2020$21.142.90%
2021$21.612.22%
2022$24.4813.31%
2023$26.297.39%
2024$26.550.98%*

* 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:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000101.931105.415106.862108.954111.569113.677113.992118.377121.454125.221135.572142.834141.028145.986150.431154.471153.998157.537158.173156.448154.885158.173162.753166.360188.504202.426204.416

Adjust canned fruits prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2014 * 2014 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Canned fruits was 153.998 in the year 2014 and 204.416 in 2024:

204.416 / 153.998 * $20 = $26.55

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $26.55 in 2024 (in the CPI category of Canned fruits).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Canned fruits in 1997. In addition to canned fruits, 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.