Flour and prepared flour mixes priced at $20 in 1983 $64.76 in 2024

Flour And Prepared Flour Mixes Inflation Calculator

$

Prices for Flour And Prepared Flour Mixes, 1983-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for flour and prepared flour mixes are 223.81% higher in 2024 versus 1983 (a $44.76 difference in value).

Between 1983 and 2024: Flour and prepared flour mixes experienced an average inflation rate of 2.91% per year. This rate of change indicates significant inflation. In other words, flour and prepared flour mixes costing $20 in the year 1983 would cost $64.76 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.80% during this same period, inflation for flour and prepared flour mixes was higher.

In the year 1983: Pricing changed by 0.54%, which is below the average yearly change for flour and prepared flour mixes during the 1983-2024 time period. Compared to inflation for all items in 1983 (3.21%), inflation for flour and prepared flour mixes was lower.

Price Inflation for Flour and prepared flour mixes since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (18.94%), 2008 (17.88%), and 2023 (10.50%).

View price changes for other categories
Parking fees and tolls · Bread · Wireless telephone services · Educational books and supplies · More

Buying power of $20.00 since 1983

Below are calculations of equivalent buying power for Flour and prepared flour mixes, over time, for $20 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$20.000.54%
1984$20.532.64%
1985$21.223.37%
1986$21.471.20%
1987$21.660.85%
1988$22.282.89%
1989$24.208.61%
1990$25.204.14%
1991$25.300.40%
1992$26.705.50%
1993$26.67-0.10%
1994$27.141.77%
1995$28.354.46%
1996$30.537.67%
1997$31.473.08%
1998$32.031.79%
1999$32.411.18%
2000$32.25-0.48%
2001$33.082.56%
2002$34.434.07%
2003$35.934.37%
2004$35.81-0.34%
2005$36.160.99%
2006$36.691.45%
2007$38.585.16%
2008$45.4817.88%
2009$46.682.64%
2010$45.07-3.45%
2011$48.347.27%
2012$50.935.34%
2013$50.89-0.07%
2014$50.30-1.16%
2015$49.54-1.52%
2016$48.51-2.07%
2017$47.61-1.85%
2018$47.830.46%
2019$47.42-0.86%
2020$47.991.21%
2021$49.122.34%
2022$58.4218.94%
2023$64.5510.50%
2024$64.760.32%*

* 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:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI70.30075.84683.58591.69297.30898.78599.315101.938105.369106.638107.546110.654120.177125.154125.654132.569132.438134.785140.800151.600156.269159.062160.931160.162164.269170.954178.423177.823179.577182.177191.583225.830231.790223.801240.064252.895252.721249.798246.003240.906236.439237.527235.478238.326243.899290.088320.548321.589

Adjust flour and prepared flour mixes prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1983 * 1983 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Flour and prepared flour mixes was 99.315 in the year 1983 and 321.589 in 2024:

321.589 / 99.315 * $20 = $64.76

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1983 has the same "purchasing power" as $64.76 in 2024 (in the CPI category of Flour and prepared flour mixes).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Flour and prepared flour mixes in 1977. In addition to flour and prepared flour mixes, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.