Citrus fruits priced at $20 in 2023 $19.90 in 2024

Citrus Fruits Inflation Calculator

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Prices for Citrus Fruits, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for citrus fruits are 0.52% lower in 2024 versus 2023 (a $0.10 difference in value).

Between 2023 and 2024: Citrus fruits experienced an average inflation rate of -0.52% per year. In other words, citrus fruits costing $20 in the year 2023 would cost $19.90 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for citrus fruits was significantly lower.

In the year 2023: Pricing changed by -1.36%, which is below the average yearly change for citrus fruits during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for citrus fruits was much lower.

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 2023

Below are calculations of equivalent buying power for Citrus fruits, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2023$20.00-1.36%
2024$19.90-0.52%*

* 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
CPI100.000128.077158.969135.708141.992150.338152.462162.131178.723197.700217.583211.230198.806203.959211.751208.479215.112238.610234.064240.264251.429266.277257.567252.551268.649299.766295.695294.161

Adjust citrus fruits prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Citrus fruits was 295.695 in the year 2023 and 294.161 in 2024:

294.161 / 295.695 * $20 = $19.90

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $19.90 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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