According to the U.S. Bureau of Labor Statistics, prices for dried beans, peas, and lentils were 4.24% lower in 2021 versus 2012 (a $0.85 difference in value).
Between 2012 and 2021: Dried beans, peas, and lentils experienced an average inflation rate of -0.48% per year. In other words, dried beans, peas, and lentils costing $20 in the year 2012 would cost $19.15 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for dried beans, peas, and lentils was lower.
In the year 2012: Pricing changed by 11.27%, which is significantly above the average yearly change for dried beans, peas, and lentils during the 2012-2021 time period. Compared to inflation for all items in 2012 (2.07%), inflation for dried beans, peas, and lentils was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dried beans, peas, and lentils:
Below are calculations of equivalent buying power for Dried beans, peas, and lentils, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|