Fresh fruits and vegetables price inflation, 2022→2024

Fresh Fruits And Vegetables Inflation Calculator

Prices for Fresh Fruits And Vegetables, 2022-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh fruits and vegetables are 1.39% higher in 2024 versus 2022 (a $0.28 difference in value).

Between 2022 and 2024: Fresh fruits and vegetables experienced an average inflation rate of 0.69% per year. In other words, fresh fruits and vegetables costing $20 in the year 2022 would cost $20.28 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.50% during this same period, inflation for fresh fruits and vegetables was lower.

In the year 2022: Pricing changed by 7.49%, which is significantly above the average yearly change for fresh fruits and vegetables during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for fresh fruits and vegetables was lower.

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 2022

Below are calculations of equivalent buying power for Fresh fruits and vegetables, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2022	$20.00	7.49%
2023	$20.15	0.76%
2024	$20.28	0.63%*

* 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	396.775

Adjust fresh fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2022 * 2022 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Fresh fruits and vegetables was 391.342 in the year 2022 and 396.775 in 2024:

396.775 / 391.342 * $20 = $20.28

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2022 has the same "purchasing power" as $20.28 in 2024 (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.