Citrus fruits priced at $20 in 1998 $45.25 in 2024

Citrus Fruits Inflation Calculator

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Prices for Citrus Fruits, 1998-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for citrus fruits are 126.23% higher in 2024 versus 1998 (a $25.25 difference in value).

Between 1998 and 2024: Citrus fruits experienced an average inflation rate of 3.19% per year. This rate of change indicates significant inflation. In other words, citrus fruits costing $20 in the year 1998 would cost $45.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for citrus fruits was higher.

In the year 1998: Pricing changed by 28.08%, which is significantly above the average yearly change for citrus fruits during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for citrus fruits was much higher.

Price Inflation for Citrus fruits since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1998 (28.08%), 1999 (24.12%), and 2000 (-14.63%).

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Buying power of $20.00 since 1998

Below are calculations of equivalent buying power for Citrus fruits, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20.0028.08%
1999$24.8224.12%
2000$21.19-14.63%
2001$22.174.63%
2002$23.485.88%
2003$23.811.41%
2004$25.326.34%
2005$27.9110.23%
2006$30.8710.62%
2007$33.9810.06%
2008$32.98-2.92%
2009$31.04-5.88%
2010$31.852.59%
2011$33.073.82%
2012$32.56-1.54%
2013$33.593.18%
2014$37.2610.92%
2015$36.55-1.91%
2016$37.522.65%
2017$39.264.65%
2018$41.585.91%
2019$40.22-3.27%
2020$39.44-1.95%
2021$41.956.37%
2022$46.8111.58%
2023$46.17-1.36%
2024$45.25-2.01%*

* 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 Citrus fruits:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000128.077158.969135.708141.992150.338152.462162.131178.723197.700217.583211.230198.806203.959211.751208.479215.112238.610234.064240.264251.429266.277257.567252.551268.649299.766295.695289.747

Adjust citrus fruits prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1998 * 1998 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Citrus fruits was 128.077 in the year 1998 and 289.747 in 2024:

289.747 / 128.077 * $20 = $45.25

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $45.25 in 2024 (in the CPI category of Citrus fruits).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Citrus fruits in 1997. In addition to citrus fruits, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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