Fresh fruits and vegetables priced at $20 in 1963 $246.75 in 2021

Fresh Fruits And Vegetables Inflation Calculator

$

Prices for Fresh Fruits And Vegetables, 1963-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh fruits and vegetables were 1,133.73% higher in 2021 versus 1963 (a $226.75 difference in value).

Between 1963 and 2021: Fresh fruits and vegetables experienced an average inflation rate of 4.43% per year. This rate of change indicates significant inflation. In other words, fresh fruits and vegetables costing $20 in the year 1963 would cost $246.75 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.80% during this same period, inflation for fresh fruits and vegetables was higher.

In the year 1963: Pricing changed by 6.03%, which is above the average yearly change for fresh fruits and vegetables during the 1963-2021 time period. Compared to inflation for all items in 1963 (1.25%), inflation for fresh fruits and vegetables was much 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%).

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

Year 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 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 9.562 10.285 10.500 8.938 9.223 9.431 10.085 12.854 17.238 17.169 18.215 18.477 19.515 20.562 21.192 19.977 21.638 25.177 23.708 23.269 23.715 25.085 25.277 27.077 25.808 27.400 26.962 27.669 29.338 31.054 31.708 32.277 32.362 35.423 35.969 37.638 39.177 41.446 48.838 52.646 53.785 55.123 62.608 70.731 76.085 81.792 91.600 96.692 96.385 106.923 109.723 113.038 126.777 136.100 147.692 160.977 174.100 171.023 178.577 186.715 205.985 211.815 215.438 231.238 237.192 238.800 247.900 258.377 265.262 274.662 285.285 300.423 312.105 328.297 312.654 314.830 328.888 322.283 332.785 339.202 337.668 341.699 342.371 346.073 349.534 352.302 361.958

View price changes for other categories
Juices and nonalcoholic drinks · Food · Phoenix, Arizona · Atlanta, Georgia · More

Buying power of $20 since 1963

Below are calculations of equivalent buying power for Fresh fruits and vegetables, over time, for $20 beginning in 1963. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1963 $20.00 6.03%
1964 $21.17 5.85%
1965 $21.62 2.11%
1966 $22.00 1.80%
1967 $22.06 0.26%
1968 $24.15 9.46%
1969 $24.52 1.54%
1970 $25.66 4.64%
1971 $26.71 4.09%
1972 $28.25 5.79%
1973 $33.29 17.84%
1974 $35.89 7.80%
1975 $36.66 2.16%
1976 $37.58 2.49%
1977 $42.68 13.58%
1978 $48.22 12.97%
1979 $51.87 7.57%
1980 $55.76 7.50%
1981 $62.44 11.99%
1982 $65.92 5.56%
1983 $65.71 -0.32%
1984 $72.89 10.93%
1985 $74.80 2.62%
1986 $77.06 3.02%
1987 $86.42 12.15%
1988 $92.78 7.35%
1989 $100.68 8.52%
1990 $109.74 8.99%
1991 $118.68 8.15%
1992 $116.59 -1.77%
1993 $121.74 4.42%
1994 $127.28 4.56%
1995 $140.42 10.32%
1996 $144.39 2.83%
1997 $146.86 1.71%
1998 $157.64 7.33%
1999 $161.69 2.57%
2000 $162.79 0.68%
2001 $168.99 3.81%
2002 $176.14 4.23%
2003 $180.83 2.66%
2004 $187.24 3.54%
2005 $194.48 3.87%
2006 $204.80 5.31%
2007 $212.76 3.89%
2008 $223.80 5.19%
2009 $213.14 -4.76%
2010 $214.62 0.70%
2011 $224.20 4.47%
2012 $219.70 -2.01%
2013 $226.86 3.26%
2014 $231.23 1.93%
2015 $230.19 -0.45%
2016 $232.94 1.19%
2017 $233.39 0.20%
2018 $235.92 1.08%
2019 $238.28 1.00%
2020 $240.16 0.79%
2021 $246.75 2.74%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for fresh fruits and vegetables, 1963-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1963 * 1963 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Fresh fruits and vegetables was 29.338 in the year 1963 and 361.958 in 2021:

361.958 / 29.338 * $20 = $246.75

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1963 has the same "purchasing power" as $246.75 in 2021 (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.

» Read more about inflation and investment.