Citrus fruits priced at $20 in 2014 $24.35 in 2023

Citrus Fruits Inflation Calculator

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Prices for Citrus Fruits, 2014-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for citrus fruits are 21.77% higher in 2023 versus 2014 (a $4.35 difference in value).

Between 2014 and 2023: Citrus fruits experienced an average inflation rate of 2.21% per year. This rate of change indicates significant inflation. In other words, citrus fruits costing $20 in the year 2014 would cost $24.35 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.67% during this same period, inflation for citrus fruits was lower.

In the year 2014: Pricing changed by 10.92%, which is significantly above the average yearly change for citrus fruits during the 2014-2023 time period. Compared to inflation for all items in 2014 (1.62%), 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 2014

Below are calculations of equivalent buying power for Citrus 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$20.0010.92%
2015$19.62-1.91%
2016$20.142.65%
2017$21.074.65%
2018$22.325.91%
2019$21.59-3.27%
2020$21.17-1.95%
2021$22.526.37%
2022$25.1311.58%
2023$24.35-3.07%*

* 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:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.000128.077158.969135.708141.992150.338152.462162.131178.723197.700217.583211.230198.806203.959211.751208.479215.112238.610234.064240.264251.429266.277257.567252.551268.649299.766290.552

Adjust citrus fruits prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2014 * 2014 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Citrus fruits was 238.610 in the year 2014 and 290.552 in 2023:

290.552 / 238.610 * $20 = $24.35

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $24.35 in 2023 (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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