According to the U.S. Bureau of Labor Statistics, prices for dried beans, peas, and lentils were 89.32% higher in 2021 versus 1998 (a $17.86 difference in value).
Between 1998 and 2021: Dried beans, peas, and lentils experienced an average inflation rate of 2.81% per year. This rate of change indicates significant inflation. In other words, dried beans, peas, and lentils costing $20 in the year 1998 would cost $37.86 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.08% during this same period, inflation for dried beans, peas, and lentils was higher.
In the year 1998: Pricing changed by 0.34%, which is below the average yearly change for dried beans, peas, and lentils during the 1998-2021 time period. Compared to inflation for all items in 1998 (1.55%), inflation for dried beans, peas, and lentils was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dried beans, peas, and lentils:
Year | 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 | 100.000 | 100.338 | 101.008 | 99.315 | 99.877 | 109.438 | 109.154 | 110.392 | 117.562 | 119.738 | 132.481 | 158.993 | 177.103 | 173.303 | 178.267 | 198.365 | 193.582 | 199.304 | 205.900 | 202.567 | 194.996 | 189.439 | 180.943 | 189.757 | 189.956 |
Below are calculations of equivalent buying power for Dried beans, peas, and lentils, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | 0.34% |
1999 | $20.13 | 0.67% |
2000 | $19.80 | -1.68% |
2001 | $19.91 | 0.57% |
2002 | $21.81 | 9.57% |
2003 | $21.76 | -0.26% |
2004 | $22.00 | 1.13% |
2005 | $23.43 | 6.49% |
2006 | $23.87 | 1.85% |
2007 | $26.41 | 10.64% |
2008 | $31.69 | 20.01% |
2009 | $35.30 | 11.39% |
2010 | $34.54 | -2.15% |
2011 | $35.53 | 2.86% |
2012 | $39.54 | 11.27% |
2013 | $38.59 | -2.41% |
2014 | $39.73 | 2.96% |
2015 | $41.04 | 3.31% |
2016 | $40.38 | -1.62% |
2017 | $38.87 | -3.74% |
2018 | $37.76 | -2.85% |
2019 | $36.07 | -4.48% |
2020 | $37.82 | 4.87% |
2021 | $37.86 | 0.11%* |