Fresh fruits and vegetables priced at $20 in 1962 $284.79 in 2023

Fresh Fruits And Vegetables Inflation Calculator

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Prices for Fresh Fruits And Vegetables, 1962-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh fruits and vegetables are 1,323.96% higher in 2023 versus 1962 (a $264.79 difference in value).

Between 1962 and 2023: Fresh fruits and vegetables experienced an average inflation rate of 4.45% per year. This rate of change indicates significant inflation. In other words, fresh fruits and vegetables costing $20 in the year 1962 would cost $284.79 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.86% during this same period, inflation for fresh fruits and vegetables was higher.

In the year 1962: Pricing changed by 2.62%, which is below the average yearly change for fresh fruits and vegetables during the 1962-2023 time period. Compared to inflation for all items in 1962 (1.18%), inflation for fresh fruits and vegetables was higher.

Price Inflation for Fresh fruits and vegetables since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1943 (34.11%), 1942 (27.46%), and 1973 (17.84%).

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Buying power of $20.00 since 1962

Below are calculations of equivalent buying power for Fresh fruits and vegetables, over time, for $20 beginning in 1962. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1962$20.002.62%
1963$21.216.03%
1964$22.455.85%
1965$22.922.11%
1966$23.331.80%
1967$23.390.26%
1968$25.609.46%
1969$26.001.54%
1970$27.214.64%
1971$28.324.09%
1972$29.965.79%
1973$35.3017.84%
1974$38.057.80%
1975$38.882.16%
1976$39.842.49%
1977$45.2513.58%
1978$51.1312.97%
1979$55.007.57%
1980$59.127.50%
1981$66.2111.99%
1982$69.895.56%
1983$69.67-0.32%
1984$77.2910.93%
1985$79.312.62%
1986$81.713.02%
1987$91.6412.15%
1988$98.387.35%
1989$106.768.52%
1990$116.368.99%
1991$125.848.15%
1992$123.62-1.77%
1993$129.084.42%
1994$134.964.56%
1995$148.8910.32%
1996$153.112.83%
1997$155.721.71%
1998$167.147.33%
1999$171.452.57%
2000$172.610.68%
2001$179.193.81%
2002$186.764.23%
2003$191.742.66%
2004$198.533.54%
2005$206.213.87%
2006$217.155.31%
2007$225.603.89%
2008$237.305.19%
2009$225.99-4.76%
2010$227.570.70%
2011$237.734.47%
2012$232.95-2.01%
2013$240.543.26%
2014$245.181.93%
2015$244.07-0.45%
2016$246.991.19%
2017$247.470.20%
2018$250.151.08%
2019$252.651.00%
2020$254.650.79%
2021$263.173.34%
2022$282.877.49%
2023$284.790.68%*

* 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 Fresh fruits and vegetables:

Year19351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI9.56210.28510.5008.9389.2239.43110.08512.85417.23817.16918.21518.47719.51520.56221.19219.97721.63825.17723.70823.26923.71525.08525.27727.07725.80827.40026.96227.66929.33831.05431.70832.27732.36235.42335.96937.63839.17741.44648.83852.64653.78555.12362.60870.73176.08581.79291.60096.69296.385106.923109.723113.038126.777136.100147.692160.977174.100171.023178.577186.715205.985211.815215.438231.238237.192238.800247.900258.377265.262274.662285.285300.423312.105328.297312.654314.830328.888322.283332.785339.202337.668341.699342.371346.073349.534352.302364.085391.342393.999

Adjust fresh fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1962 * 1962 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Fresh fruits and vegetables was 27.669 in the year 1962 and 393.999 in 2023:

393.999 / 27.669 * $20 = $284.79

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1962 has the same "purchasing power" as $284.79 in 2023 (in the CPI category of Fresh fruits and vegetables).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fresh fruits and vegetables in 1935. In addition to fresh fruits and vegetables, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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