According to the U.S. Bureau of Labor Statistics, prices for coffee were 4.10% lower in 2020 versus 2017 (a $0.82 difference in value).
Between 2017 and 2020: Coffee experienced an average inflation rate of -1.38% per year. In other words, coffee costing $20 in the year 2017 would cost $19.18 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.72% during this same period, inflation for coffee was significantly lower.
In the year 2017: Pricing changed by -0.08%, which is above the average yearly change for coffee during the 2017-2020 time period. Compared to inflation for all items in 2017 (2.13%), inflation for coffee was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Coffee:
Below are calculations of equivalent buying power for Coffee, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|