According to the U.S. Bureau of Labor Statistics, prices for coffee were 639.14% higher in 2021 versus 1968 (a $127.83 difference in value).
Between 1968 and 2021: Coffee experienced an average inflation rate of 3.85% per year. This rate of change indicates significant inflation. In other words, coffee costing $20 in the year 1968 would cost $147.83 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.88% during this same period, inflation for coffee was lower.
In the year 1968: Pricing changed by -0.52%, which is significantly below the average yearly change for coffee during the 1968-2021 time period. Compared to inflation for all items in 1968 (4.27%), inflation for coffee was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Coffee:
Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
CPI | 26.623 | 26.485 | 26.854 | 31.715 | 32.623 | 32.100 | 35.715 | 42.554 | 46.392 | 63.754 | 112.923 | 107.200 | 101.815 | 111.608 | 96.185 | 98.500 | 98.815 | 102.708 | 105.462 | 132.692 | 116.177 | 114.962 | 120.408 | 117.485 | 115.254 | 110.738 | 109.777 | 140.431 | 163.131 | 149.162 | 168.015 | 163.431 | 154.754 | 153.992 | 146.731 | 142.585 | 144.931 | 145.323 | 161.223 | 165.277 | 175.647 | 188.027 | 186.317 | 186.418 | 213.824 | 217.441 | 204.712 | 200.984 | 205.540 | 199.307 | 199.156 | 194.876 | 193.237 | 194.177 | 195.758 |
Below are calculations of equivalent buying power for Coffee, over time, for $20 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1968 | $20.00 | -0.52% |
1969 | $20.28 | 1.39% |
1970 | $23.95 | 18.10% |
1971 | $24.64 | 2.86% |
1972 | $24.24 | -1.60% |
1973 | $26.97 | 11.26% |
1974 | $32.13 | 19.15% |
1975 | $35.03 | 9.02% |
1976 | $48.14 | 37.42% |
1977 | $85.27 | 77.12% |
1978 | $80.95 | -5.07% |
1979 | $76.89 | -5.02% |
1980 | $84.28 | 9.62% |
1981 | $72.63 | -13.82% |
1982 | $74.38 | 2.41% |
1983 | $74.62 | 0.32% |
1984 | $77.56 | 3.94% |
1985 | $79.64 | 2.68% |
1986 | $100.20 | 25.82% |
1987 | $87.73 | -12.45% |
1988 | $86.81 | -1.05% |
1989 | $90.93 | 4.74% |
1990 | $88.72 | -2.43% |
1991 | $87.03 | -1.90% |
1992 | $83.62 | -3.92% |
1993 | $82.90 | -0.87% |
1994 | $106.05 | 27.92% |
1995 | $123.19 | 16.16% |
1996 | $112.64 | -8.56% |
1997 | $126.88 | 12.64% |
1998 | $123.42 | -2.73% |
1999 | $116.86 | -5.31% |
2000 | $116.29 | -0.49% |
2001 | $110.80 | -4.72% |
2002 | $107.67 | -2.83% |
2003 | $109.45 | 1.65% |
2004 | $109.74 | 0.27% |
2005 | $121.75 | 10.94% |
2006 | $124.81 | 2.51% |
2007 | $132.64 | 6.27% |
2008 | $141.99 | 7.05% |
2009 | $140.70 | -0.91% |
2010 | $140.77 | 0.05% |
2011 | $161.47 | 14.70% |
2012 | $164.20 | 1.69% |
2013 | $154.59 | -5.85% |
2014 | $151.77 | -1.82% |
2015 | $155.21 | 2.27% |
2016 | $150.51 | -3.03% |
2017 | $150.39 | -0.08% |
2018 | $147.16 | -2.15% |
2019 | $145.92 | -0.84% |
2020 | $146.63 | 0.49% |
2021 | $147.83 | 0.81%* |