Frozen and freeze dried prepared foods priced at $20 in 2022 $21.09 in 2023

Frozen And Freeze Dried Prepared Foods Inflation Calculator

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Prices for Frozen And Freeze Dried Prepared Foods, 2022-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen and freeze dried prepared foods are 5.47% higher in 2023 versus 2022 (a $1.09 difference in value).

Between 2022 and 2023: Frozen and freeze dried prepared foods experienced an average inflation rate of 5.47% per year. This rate of change indicates significant inflation. In other words, frozen and freeze dried prepared foods costing $20 in the year 2022 would cost $21.09 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.97% during this same period, inflation for frozen and freeze dried prepared foods was higher.

In the year 2022: Pricing changed by 15.01%, which is significantly above the average yearly change for frozen and freeze dried prepared foods during the 2022-2023 time period. Compared to inflation for all items in 2022 (8%), inflation for frozen and freeze dried prepared foods was much 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 2022

Below are calculations of equivalent buying power for Frozen and freeze dried prepared foods, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2022$20.0015.01%
2023$21.095.47%*

* 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 2022 * 2022 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Frozen and freeze dried prepared foods was 202.737 in the year 2022 and 213.825 in 2023:

213.825 / 202.737 * $20 = $21.09

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2022 has the same "purchasing power" as $21.09 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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