Frozen and freeze dried prepared foods priced at $20 in 1977 $62 in 2022

Frozen And Freeze Dried Prepared Foods Inflation Calculator

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Prices for Frozen And Freeze Dried Prepared Foods, 1977-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen and freeze dried prepared foods are 210.02% higher in 2022 versus 1977 (a $42 difference in value).

Between 1977 and 2022: Frozen and freeze dried prepared foods experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, frozen and freeze dried prepared foods costing $20 in the year 1977 would cost $62 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.55% during this same period, inflation for frozen and freeze dried prepared foods was lower.

Price Inflation for Frozen and freeze dried prepared foods since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (14.14%), 1979 (12.78%), and 1980 (10.63%).

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Buying power of $20.00 since 1977

Below are calculations of equivalent buying power for Frozen and freeze dried prepared foods, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$20.00-
1978$21.165.81%
1979$23.8712.78%
1980$26.4010.63%
1981$28.608.34%
1982$29.603.47%
1983$30.864.27%
1984$31.993.66%
1985$33.324.16%
1986$34.202.64%
1987$35.995.23%
1988$37.423.99%
1989$39.796.32%
1990$40.612.06%
1991$42.123.72%
1992$42.380.63%
1993$42.32-0.15%
1994$43.001.61%
1995$43.210.50%
1996$44.122.08%
1997$44.861.68%
1998$44.85-0.01%
1999$45.190.74%
2000$45.771.30%
2001$46.952.57%
2002$47.020.15%
2003$46.40-1.33%
2004$46.991.27%
2005$47.210.48%
2006$47.380.35%
2007$48.301.95%
2008$50.394.32%
2009$51.802.80%
2010$50.94-1.66%
2011$51.701.49%
2012$52.331.22%
2013$51.71-1.19%
2014$51.980.52%
2015$52.661.31%
2016$52.29-0.71%
2017$51.74-1.05%
2018$51.41-0.63%
2019$51.37-0.09%
2020$53.073.32%
2021$54.322.36%
2022$62.0014.14%*

* 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 Frozen and freeze dried prepared foods:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI64.90068.66977.44685.67792.82396.046100.146103.808108.123110.977116.777121.431129.108131.769136.677137.538137.331139.538140.231143.154145.562145.554146.631148.531152.354152.585150.562152.469153.200153.738156.737163.515168.090165.300167.767169.812167.791168.671170.879169.674167.892166.835166.681172.212176.270201.201

Adjust frozen and freeze dried prepared foods prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1977 * 1977 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Frozen and freeze dried prepared foods was 64.900 in the year 1977 and 201.201 in 2022:

201.201 / 64.900 * $20 = $62

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $62 in 2022 (in the CPI category of Frozen and freeze dried prepared foods).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Frozen and freeze dried prepared foods in 1977. In addition to frozen and freeze dried prepared foods, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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