Citrus fruits priced at $20 in 2001 $42.63 in 2022

Citrus Fruits Inflation Calculator

$

Prices for Citrus Fruits, 2001-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for citrus fruits are 113.15% higher in 2022 versus 2001 (a $22.63 difference in value).

Between 2001 and 2022: Citrus fruits experienced an average inflation rate of 3.67% per year. This rate of change indicates significant inflation. In other words, citrus fruits costing $20 in the year 2001 would cost $42.63 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.35% during this same period, inflation for citrus fruits was higher.

In the year 2001: Pricing changed by 4.63%, which is above the average yearly change for citrus fruits during the 2001-2022 time period. Compared to inflation for all items in 2001 (2.83%), inflation for citrus fruits was 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%).

View price changes for other categories
Parking fees and tolls · Admission to sporting events · Housing · Educational books and supplies · More

Buying power of $20.00 since 2001

Below are calculations of equivalent buying power for Citrus fruits, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$20.004.63%
2002$21.185.88%
2003$21.471.41%
2004$22.846.34%
2005$25.1710.23%
2006$27.8510.62%
2007$30.6510.06%
2008$29.75-2.92%
2009$28.00-5.88%
2010$28.732.59%
2011$29.833.82%
2012$29.36-1.54%
2013$30.303.18%
2014$33.6110.92%
2015$32.97-1.91%
2016$33.842.65%
2017$35.414.65%
2018$37.515.91%
2019$36.28-3.27%
2020$35.57-1.95%
2021$37.846.37%
2022$42.6312.66%*
* Not final. See inflation summary for latest details.

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

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000128.077158.969135.708141.992150.338152.462162.131178.723197.700217.583211.230198.806203.959211.751208.479215.112238.610234.064240.264251.429266.277257.567252.551268.649302.661

Adjust citrus fruits prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2001 * 2001 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Citrus fruits was 141.992 in the year 2001 and 302.661 in 2022:

302.661 / 141.992 * $20 = $42.63

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $42.63 in 2022 (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.

» Read more about inflation and investment.