Frozen and freeze dried prepared foods priced at $20 in 1987 $36.23 in 2024

Frozen And Freeze Dried Prepared Foods Inflation Calculator

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Prices for Frozen And Freeze Dried Prepared Foods, 1987-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen and freeze dried prepared foods are 81.16% higher in 2024 versus 1987 (a $16.23 difference in value).

Between 1987 and 2024: Frozen and freeze dried prepared foods experienced an average inflation rate of 1.62% per year. In other words, frozen and freeze dried prepared foods costing $20 in the year 1987 would cost $36.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation for frozen and freeze dried prepared foods was lower.

In the year 1987: Pricing changed by 5.23%, which is significantly above the average yearly change for frozen and freeze dried prepared foods during the 1987-2024 time period. Compared to inflation for all items in 1987 (3.66%), inflation for frozen and freeze dried prepared foods was higher.

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 (15.01%), 1979 (12.78%), and 1980 (10.63%).

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Buying power of $20.00 since 1987

Below are calculations of equivalent buying power for Frozen and freeze dried prepared foods, over time, for $20 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$20.005.23%
1988$20.803.99%
1989$22.116.32%
1990$22.572.06%
1991$23.413.72%
1992$23.560.63%
1993$23.52-0.15%
1994$23.901.61%
1995$24.020.50%
1996$24.522.08%
1997$24.931.68%
1998$24.93-0.01%
1999$25.110.74%
2000$25.441.30%
2001$26.092.57%
2002$26.130.15%
2003$25.79-1.33%
2004$26.111.27%
2005$26.240.48%
2006$26.330.35%
2007$26.841.95%
2008$28.004.32%
2009$28.792.80%
2010$28.31-1.66%
2011$28.731.49%
2012$29.081.22%
2013$28.74-1.19%
2014$28.890.52%
2015$29.271.31%
2016$29.06-0.71%
2017$28.75-1.05%
2018$28.57-0.63%
2019$28.55-0.09%
2020$29.493.32%
2021$30.192.36%
2022$34.7215.01%
2023$36.565.30%
2024$36.23-0.90%*

* 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:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI64.90068.66977.44685.67792.82396.046100.146103.808108.123110.977116.777121.431129.108131.769136.677137.538137.331139.538140.231143.154145.562145.554146.631148.531152.354152.585150.562152.469153.200153.738156.737163.515168.090165.300167.767169.812167.791168.671170.879169.674167.892166.835166.681172.212176.270202.737213.481211.556

Adjust frozen and freeze dried prepared foods prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1987 * 1987 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Frozen and freeze dried prepared foods was 116.777 in the year 1987 and 211.556 in 2024:

211.556 / 116.777 * $20 = $36.23

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1987 has the same "purchasing power" as $36.23 in 2024 (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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