Frozen and freeze dried prepared foods priced at $20 in 1989 $33.12 in 2023

Frozen And Freeze Dried Prepared Foods Inflation Calculator

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Prices for Frozen And Freeze Dried Prepared Foods, 1989-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen and freeze dried prepared foods are 65.62% higher in 2023 versus 1989 (a $13.12 difference in value).

Between 1989 and 2023: Frozen and freeze dried prepared foods experienced an average inflation rate of 1.49% per year. In other words, frozen and freeze dried prepared foods costing $20 in the year 1989 would cost $33.12 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.68% during this same period, inflation for frozen and freeze dried prepared foods was lower.

In the year 1989: Pricing changed by 6.32%, which is significantly above the average yearly change for frozen and freeze dried prepared foods during the 1989-2023 time period. Compared to inflation for all items in 1989 (4.83%), 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 1989

Below are calculations of equivalent buying power for Frozen and freeze dried prepared foods, over time, for $20 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$20.006.32%
1990$20.412.06%
1991$21.173.72%
1992$21.310.63%
1993$21.27-0.15%
1994$21.621.61%
1995$21.720.50%
1996$22.182.08%
1997$22.551.68%
1998$22.55-0.01%
1999$22.710.74%
2000$23.011.30%
2001$23.602.57%
2002$23.640.15%
2003$23.32-1.33%
2004$23.621.27%
2005$23.730.48%
2006$23.820.35%
2007$24.281.95%
2008$25.334.32%
2009$26.042.80%
2010$25.61-1.66%
2011$25.991.49%
2012$26.311.22%
2013$25.99-1.19%
2014$26.130.52%
2015$26.471.31%
2016$26.28-0.71%
2017$26.01-1.05%
2018$25.84-0.63%
2019$25.82-0.09%
2020$26.683.32%
2021$27.312.36%
2022$31.4115.01%
2023$33.125.47%*

* 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:

Year19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI64.90068.66977.44685.67792.82396.046100.146103.808108.123110.977116.777121.431129.108131.769136.677137.538137.331139.538140.231143.154145.562145.554146.631148.531152.354152.585150.562152.469153.200153.738156.737163.515168.090165.300167.767169.812167.791168.671170.879169.674167.892166.835166.681172.212176.270202.737213.825

Adjust frozen and freeze dried prepared foods prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1989 * 1989 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Frozen and freeze dried prepared foods was 129.108 in the year 1989 and 213.825 in 2023:

213.825 / 129.108 * $20 = $33.12

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1989 has the same "purchasing power" as $33.12 in 2023 (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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