According to the U.S. Bureau of Labor Statistics, prices for flour and prepared flour mixes are 327.75% higher in 2024 versus 1978 (a $65.55 difference in value).
Between 1978 and 2024: Flour and prepared flour mixes experienced an average inflation rate of 3.21% per year. This rate of change indicates significant inflation. In other words, flour and prepared flour mixes costing $20 in the year 1978 would cost $85.55 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for flour and prepared flour mixes was lower.
In the year 1978: Pricing changed by 7.89%, which is significantly above the average yearly change for flour and prepared flour mixes during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), inflation for flour and prepared flour mixes was higher.
Below are calculations of equivalent buying power for Flour and prepared flour mixes, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1978 | $20.00 | 7.89% |
1979 | $22.04 | 10.20% |
1980 | $24.18 | 9.70% |
1981 | $25.66 | 6.12% |
1982 | $26.05 | 1.52% |
1983 | $26.19 | 0.54% |
1984 | $26.88 | 2.64% |
1985 | $27.78 | 3.37% |
1986 | $28.12 | 1.20% |
1987 | $28.36 | 0.85% |
1988 | $29.18 | 2.89% |
1989 | $31.69 | 8.61% |
1990 | $33.00 | 4.14% |
1991 | $33.13 | 0.40% |
1992 | $34.96 | 5.50% |
1993 | $34.92 | -0.10% |
1994 | $35.54 | 1.77% |
1995 | $37.13 | 4.46% |
1996 | $39.98 | 7.67% |
1997 | $41.21 | 3.08% |
1998 | $41.94 | 1.79% |
1999 | $42.44 | 1.18% |
2000 | $42.23 | -0.48% |
2001 | $43.32 | 2.56% |
2002 | $45.08 | 4.07% |
2003 | $47.05 | 4.37% |
2004 | $46.89 | -0.34% |
2005 | $47.35 | 0.99% |
2006 | $48.04 | 1.45% |
2007 | $50.52 | 5.16% |
2008 | $59.55 | 17.88% |
2009 | $61.12 | 2.64% |
2010 | $59.01 | -3.45% |
2011 | $63.30 | 7.27% |
2012 | $66.69 | 5.34% |
2013 | $66.64 | -0.07% |
2014 | $65.87 | -1.16% |
2015 | $64.87 | -1.52% |
2016 | $63.52 | -2.07% |
2017 | $62.35 | -1.85% |
2018 | $62.63 | 0.46% |
2019 | $62.09 | -0.86% |
2020 | $62.84 | 1.21% |
2021 | $64.31 | 2.34% |
2022 | $76.49 | 18.94% |
2023 | $84.53 | 10.50% |
2024 | $85.55 | 1.21%* |
* 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 Flour and prepared flour mixes:
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 2022 | 2023 | 2024 |
CPI | 70.300 | 75.846 | 83.585 | 91.692 | 97.308 | 98.785 | 99.315 | 101.938 | 105.369 | 106.638 | 107.546 | 110.654 | 120.177 | 125.154 | 125.654 | 132.569 | 132.438 | 134.785 | 140.800 | 151.600 | 156.269 | 159.062 | 160.931 | 160.162 | 164.269 | 170.954 | 178.423 | 177.823 | 179.577 | 182.177 | 191.583 | 225.830 | 231.790 | 223.801 | 240.064 | 252.895 | 252.721 | 249.798 | 246.003 | 240.906 | 236.439 | 237.527 | 235.478 | 238.326 | 243.899 | 290.088 | 320.548 | 324.431 |