Canned fruits priced at $20 in 2017 $25.85 in 2023

Canned Fruits Inflation Calculator

$

Prices for Canned Fruits, 2017-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for canned fruits are 29.23% higher in 2023 versus 2017 (a $5.85 difference in value).

Between 2017 and 2023: Canned fruits experienced an average inflation rate of 4.37% per year. This rate of change indicates significant inflation. In other words, canned fruits costing $20 in the year 2017 would cost $25.85 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.67% during this same period, inflation for canned fruits was higher.

In the year 2017: Pricing changed by -1.09%, which is significantly below the average yearly change for canned fruits during the 2017-2023 time period. Compared to inflation for all items in 2017 (2.13%), inflation for canned fruits was much 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 (7.25%).

View price changes for other categories
Juices and nonalcoholic drinks · Televisions · New trucks · Chicago, Illinois · More

Buying power of $20.00 since 2017

Below are calculations of equivalent buying power for Canned fruits, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2017$20.00-1.09%
2018$19.80-1.00%
2019$20.222.12%
2020$20.812.90%
2021$21.272.22%
2022$24.1013.31%
2023$25.857.25%*

* 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:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.000101.931105.415106.862108.954111.569113.677113.992118.377121.454125.221135.572142.834141.028145.986150.431154.471153.998157.537158.173156.448154.885158.173162.753166.360188.504202.175

Adjust canned fruits prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2017 * 2017 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Canned fruits was 156.448 in the year 2017 and 202.175 in 2023:

202.175 / 156.448 * $20 = $25.85

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2017 has the same "purchasing power" as $25.85 in 2023 (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.