According to the U.S. Bureau of Labor Statistics, prices for dried beans, peas, and lentils were 6.32% lower in 2020 versus 2016 (a $1.26 difference in value).
Between 2016 and 2020: Dried beans, peas, and lentils experienced an average inflation rate of -1.62% per year. In other words, dried beans, peas, and lentils costing $20 in the year 2016 would cost $18.74 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for dried beans, peas, and lentils was significantly lower.
In the year 2016: Pricing changed by -1.62%, which is above the average yearly change for dried beans, peas, and lentils during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), 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:
Below are calculations of equivalent buying power for Dried beans, peas, and lentils, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|