Fresh fish and seafood priced at $20 in 1998 $38.62 in 2021

Fresh Fish And Seafood Inflation Calculator

$

Prices for Fresh Fish And Seafood, 1998-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh fish and seafood were 93.11% higher in 2021 versus 1998 (a $18.62 difference in value).

Between 1998 and 2021: Fresh fish and seafood experienced an average inflation rate of 2.90% per year. This rate of change indicates significant inflation. In other words, fresh fish and seafood costing $20 in the year 1998 would cost $38.62 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.14% during this same period, inflation for fresh fish and seafood was higher.

In the year 1998: Pricing changed by 2.85%, which is below the average yearly change for fresh fish and seafood during the 1998-2021 time period. Compared to inflation for all items in 1998 (1.55%), inflation for fresh fish and seafood was higher.

Price Inflation for Fresh fish and seafood since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2011 (8.49%), 2014 (7.36%), and 2006 (6.71%).

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

Year 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 100.000 102.854 105.554 110.869 111.331 107.423 108.792 112.485 116.254 124.054 131.343 139.028 140.486 144.538 156.815 157.981 163.165 175.168 173.640 175.296 177.572 182.813 185.778 193.007 198.620

View price changes for other categories
Juices and nonalcoholic drinks · Minneapolis-St Paul, Minnesota · Parking fees and tolls · Gasoline (all types) · More

Buying power of $20 since 1998

Below are calculations of equivalent buying power for Fresh fish and seafood, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1998 $20.00 2.85%
1999 $20.53 2.63%
2000 $21.56 5.04%
2001 $21.65 0.42%
2002 $20.89 -3.51%
2003 $21.15 1.27%
2004 $21.87 3.39%
2005 $22.61 3.35%
2006 $24.12 6.71%
2007 $25.54 5.88%
2008 $27.03 5.85%
2009 $27.32 1.05%
2010 $28.11 2.88%
2011 $30.49 8.49%
2012 $30.72 0.74%
2013 $31.73 3.28%
2014 $34.06 7.36%
2015 $33.76 -0.87%
2016 $34.09 0.95%
2017 $34.53 1.30%
2018 $35.55 2.95%
2019 $36.12 1.62%
2020 $37.53 3.89%
2021 $38.62 2.91%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for fresh fish and seafood, 1998-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1998 * 1998 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Fresh fish and seafood was 102.854 in the year 1998 and 198.620 in 2021:

198.620 / 102.854 * $20 = $38.62

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $38.62 in 2021 (in the CPI category of Fresh fish and seafood).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fresh fish and seafood in 1997. In addition to fresh fish and seafood, 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.