Fresh cakes and cupcakes priced at $20 in 2011 $24.26 in 2021

Fresh Cakes And Cupcakes Inflation Calculator

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Prices for Fresh Cakes And Cupcakes, 2011-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh cakes and cupcakes are 21.29% higher in 2021 versus 2011 (a $4.26 difference in value).

Between 2011 and 2021: Fresh cakes and cupcakes experienced an average inflation rate of 1.95% per year. In other words, fresh cakes and cupcakes costing $20 in the year 2011 would cost $24.26 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.82% during this same period, inflation for fresh cakes and cupcakes was higher.

In the year 2011: Pricing changed by 3.23%, which is above the average yearly change for fresh cakes and cupcakes during the 2011-2021 time period. Compared to inflation for all items in 2011 (3.16%), inflation for fresh cakes and cupcakes was higher.

Price Inflation for Fresh cakes and cupcakes since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (12%), 1981 (11.02%), and 1979 (9.76%).

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Buying power of $20.00 since 2011

Below are calculations of equivalent buying power for Fresh cakes and cupcakes, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2011 $20.00 3.23%
2012 $20.79 3.94%
2013 $21.12 1.58%
2014 $21.37 1.19%
2015 $21.99 2.90%
2016 $22.49 2.27%
2017 $22.80 1.39%
2018 $23.31 2.23%
2019 $23.86 2.35%
2020 $23.65 -0.87%
2021 $24.26 2.57%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh cakes and cupcakes:

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
CPI 64.100 66.862 73.385 82.192 91.246 95.577 99.585 104.838 109.308 111.769 116.046 122.862 129.862 138.085 145.108 148.385 155.162 159.969 167.800 173.123 177.769 179.331 183.685 188.031 194.185 198.208 204.508 208.662 213.700 217.031 225.784 247.176 256.729 257.470 265.787 276.260 280.616 283.951 292.195 298.837 302.991 309.761 317.047 314.287 322.363

Adjust fresh cakes and cupcakes prices for inflation

Start with the inflation rate formula:

CPI in 2021 / CPI in 2011 * 2011 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Fresh cakes and cupcakes was 265.787 in the year 2011 and 322.363 in 2021:

322.363 / 265.787 * $20 = $24.26

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2011 has the same "purchasing power" as $24.26 in 2021 (in the CPI category of Fresh cakes and cupcakes).


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

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