Crackers, bread, and cracker products priced at $20 in 2018 $28.59 in 2024

Crackers, Bread, And Cracker Products Inflation Calculator

$

Prices for Crackers, Bread, And Cracker Products, 2018-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for crackers, bread, and cracker products are 42.93% higher in 2024 versus 2018 (a $8.59 difference in value).

Between 2018 and 2024: Crackers, bread, and cracker products experienced an average inflation rate of 6.13% per year. This rate of change indicates significant inflation. In other words, crackers, bread, and cracker products costing $20 in the year 2018 would cost $28.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.64% during this same period, inflation for crackers, bread, and cracker products was higher.

In the year 2018: Pricing changed by -1.16%, which is significantly below the average yearly change for crackers, bread, and cracker products during the 2018-2024 time period. Compared to inflation for all items in 2018 (2.44%), 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%).

View price changes for other categories
Dallas-Fort Worth, Texas · Indoor plants and flowers · New trucks · St Louis, Missouri · More

Buying power of $20.00 since 2018

Below are calculations of equivalent buying power for Crackers, bread, and cracker products, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2018$20.00-1.16%
2019$20.432.15%
2020$20.962.59%
2021$21.854.22%
2022$25.3616.07%
2023$27.9510.23%
2024$28.592.27%*

* 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 2018 * 2018 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Crackers, bread, and cracker products was 300.440 in the year 2018 and 429.413 in 2024:

429.413 / 300.440 * $20 = $28.59

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $28.59 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.

» Read more about inflation and investment.