According to the U.S. Bureau of Labor Statistics, prices for food from vending machines and mobile vendors were 12.84% higher in 2020 versus 2016 (a $2.57 difference in value).
Between 2016 and 2020: Food from vending machines and mobile vendors experienced an average inflation rate of 3.07% per year. This rate of change indicates significant inflation. In other words, food from vending machines and mobile vendors costing $20 in the year 2016 would cost $22.57 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for food from vending machines and mobile vendors was higher.
In the year 2016: Pricing changed by 3.11%, which is above the average yearly change for food from vending machines and mobile vendors during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for food from vending machines and mobile vendors was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Food from vending machines and mobile vendors:
Below are calculations of equivalent buying power for Food from vending machines and mobile vendors, 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|