According to the U.S. Bureau of Labor Statistics, prices for fresh fruits and vegetables are 190.56% higher in 2024 versus 1988 (a $38.11 difference in value).
Between 1988 and 2024: Fresh fruits and vegetables experienced an average inflation rate of 3.01% per year. This rate of change indicates significant inflation. In other words, fresh fruits and vegetables costing $20 in the year 1988 would cost $58.11 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for fresh fruits and vegetables was higher.
In the year 1988: Pricing changed by 7.35%, which is significantly above the average yearly change for fresh fruits and vegetables during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for fresh fruits and vegetables was much higher.
Below are calculations of equivalent buying power for Fresh fruits and vegetables, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1988 | $20.00 | 7.35% |
1989 | $21.70 | 8.52% |
1990 | $23.66 | 8.99% |
1991 | $25.58 | 8.15% |
1992 | $25.13 | -1.77% |
1993 | $26.24 | 4.42% |
1994 | $27.44 | 4.56% |
1995 | $30.27 | 10.32% |
1996 | $31.13 | 2.83% |
1997 | $31.66 | 1.71% |
1998 | $33.98 | 7.33% |
1999 | $34.86 | 2.57% |
2000 | $35.09 | 0.68% |
2001 | $36.43 | 3.81% |
2002 | $37.97 | 4.23% |
2003 | $38.98 | 2.66% |
2004 | $40.36 | 3.54% |
2005 | $41.92 | 3.87% |
2006 | $44.15 | 5.31% |
2007 | $45.86 | 3.89% |
2008 | $48.24 | 5.19% |
2009 | $45.94 | -4.76% |
2010 | $46.26 | 0.70% |
2011 | $48.33 | 4.47% |
2012 | $47.36 | -2.01% |
2013 | $48.90 | 3.26% |
2014 | $49.85 | 1.93% |
2015 | $49.62 | -0.45% |
2016 | $50.21 | 1.19% |
2017 | $50.31 | 0.20% |
2018 | $50.86 | 1.08% |
2019 | $51.36 | 1.00% |
2020 | $51.77 | 0.79% |
2021 | $53.50 | 3.34% |
2022 | $57.51 | 7.49% |
2023 | $57.94 | 0.76% |
2024 | $58.11 | 0.29%* |
* 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:
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 | 2022 | 2023 | 2024 |
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 | 364.085 | 391.342 | 394.300 | 395.449 |