Crackers, bread, and cracker products priced at $20 in 1978 $122.09 in 2024

Crackers, Bread, And Cracker Products Inflation Calculator

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Prices for Crackers, Bread, And Cracker Products, 1978-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for crackers, bread, and cracker products are 510.43% higher in 2024 versus 1978 (a $102.09 difference in value).

Between 1978 and 2024: Crackers, bread, and cracker products experienced an average inflation rate of 4.01% per year. This rate of change indicates significant inflation. In other words, crackers, bread, and cracker products costing $20 in the year 1978 would cost $122.09 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.45% during this same period, inflation for crackers, bread, and cracker products was higher.

In the year 1978: Pricing changed by 4.53%, which is above the average yearly change for crackers, bread, and cracker products during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), inflation for crackers, bread, and cracker products was much lower.

Price Inflation for Crackers, bread, and cracker products since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (16.07%), 2023 (10.23%), and 1989 (9.73%).

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Buying power of $20.00 since 1978

Below are calculations of equivalent buying power for Crackers, bread, and cracker products, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$20.004.53%
1979$21.618.05%
1980$23.579.08%
1981$25.026.13%
1982$26.706.74%
1983$28.316.00%
1984$30.296.99%
1985$32.898.59%
1986$34.003.38%
1987$35.113.29%
1988$36.784.75%
1989$40.369.73%
1990$44.189.46%
1991$47.216.86%
1992$49.725.32%
1993$50.411.39%
1994$51.321.80%
1995$52.732.76%
1996$57.529.07%
1997$59.934.20%
1998$61.051.86%
1999$62.151.80%
2000$63.982.94%
2001$65.852.92%
2002$67.111.93%
2003$69.203.10%
2004$70.872.42%
2005$70.08-1.11%
2006$71.271.69%
2007$72.571.83%
2008$77.877.30%
2009$81.464.62%
2010$81.31-0.19%
2011$83.582.79%
2012$86.143.07%
2013$85.53-0.71%
2014$86.961.68%
2015$87.520.64%
2016$87.04-0.55%
2017$86.42-0.71%
2018$85.42-1.16%
2019$87.252.15%
2020$89.522.59%
2021$93.304.22%
2022$108.3016.07%
2023$119.3710.23%
2024$122.092.27%*

* 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 Crackers, bread, and cracker products:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI67.30070.34676.00882.90887.99293.92399.562106.523115.669119.577123.508129.369141.954155.385166.038174.869177.308180.500185.485202.315210.808214.731218.592225.023231.600236.062243.385249.277246.508250.669255.261273.883286.529285.986293.966302.981300.821305.865307.837306.144303.959300.440306.902314.863328.165380.917419.868429.413

Adjust crackers, bread, and cracker products prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1978 * 1978 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Crackers, bread, and cracker products was 70.346 in the year 1978 and 429.413 in 2024:

429.413 / 70.346 * $20 = $122.09

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1978 has the same "purchasing power" as $122.09 in 2024 (in the CPI category of Crackers, bread, and cracker products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Crackers, bread, and cracker products in 1977. In addition to crackers, bread, and cracker products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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