Dried beans, peas, and lentils price history from 2004 through 2020

Dried Beans, Peas, And Lentils Inflation Calculator

Prices for Dried Beans, Peas, And Lentils, 2004-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for dried beans, peas, and lentils were 71.89% higher in 2020 versus 2004 (a $14.38 difference in value).

Between 2004 and 2020: Dried beans, peas, and lentils experienced an average inflation rate of 3.44% per year. This rate of change indicates significant inflation. In other words, dried beans, peas, and lentils costing $20 in the year 2004 would cost $34.38 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.99% during this same period, inflation for dried beans, peas, and lentils was higher.

In the year 2004: Pricing changed by 1.13%, which is below the average yearly change for dried beans, peas, and lentils during the 2004-2020 time period. Compared to inflation for all items in 2004 (2.68%), inflation for dried beans, peas, and lentils was lower.

Price Inflation for Dried beans, peas, and lentils since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2008 (20.01%), 2009 (11.39%), and 2012 (11.27%).

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
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

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Buying power of $20 since 2004

Below are calculations of equivalent buying power for Dried beans, peas, and lentils, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2004	$20.00	1.13%
2005	$21.30	6.49%
2006	$21.69	1.85%
2007	$24.00	10.64%
2008	$28.81	20.01%
2009	$32.09	11.39%
2010	$31.40	-2.15%
2011	$32.30	2.86%
2012	$35.94	11.27%
2013	$35.07	-2.41%
2014	$36.11	2.96%
2015	$37.30	3.31%
2016	$36.70	-1.62%
2017	$35.33	-3.74%
2018	$34.32	-2.85%
2019	$32.78	-4.48%
2020	$34.38	4.87%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for dried beans, peas, and lentils, 2004-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2004 * 2004 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Dried beans, peas, and lentils was 110.392 in the year 2004 and 189.757 in 2020:

189.757 / 110.392 * $20 = $34.38

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $34.38 in 2020 (in the CPI category of Dried beans, peas, and lentils).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dried beans, peas, and lentils in 1997. In addition to dried beans, peas, and lentils, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.