Frozen and refrigerated bakery products, pies, tarts, turnovers priced at $20 in 2021 $25.31 in 2024

Frozen And Refrigerated Bakery Products, Pies, Tarts, Turnovers Inflation Calculator

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Prices for Frozen And Refrigerated Bakery Products, Pies, Tarts, Turnovers, 2021-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen and refrigerated bakery products, pies, tarts, turnovers are 26.55% higher in 2024 versus 2021 (a $5.31 difference in value).

Between 2021 and 2024: Frozen and refrigerated bakery products, pies, tarts, turnovers experienced an average inflation rate of 8.17% per year. This rate of change indicates significant inflation. In other words, frozen and refrigerated bakery products, pies, tarts, turnovers costing $20 in the year 2021 would cost $25.31 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.72% during this same period, inflation for frozen and refrigerated bakery products, pies, tarts, turnovers was significantly higher.

In the year 2021: Pricing changed by 0.97%, which is significantly below the average yearly change for frozen and refrigerated bakery products, pies, tarts, turnovers during the 2021-2024 time period. Compared to inflation for all items in 2021 (4.70%), inflation for frozen and refrigerated bakery products, pies, tarts, turnovers was much lower.

Price Inflation for Frozen and refrigerated bakery products, pies, tarts, turnovers since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (15.32%), 1979 (11.73%), and 1980 (10.98%).

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Buying power of $20.00 since 2021

Below are calculations of equivalent buying power for Frozen and refrigerated bakery products, pies, tarts, turnovers, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2021$20.000.97%
2022$23.0615.32%
2023$25.118.87%
2024$25.310.80%*

* 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 refrigerated bakery products, pies, tarts, turnovers:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI62.40066.14673.90882.02391.02396.38599.162104.477109.754114.423119.123123.677132.838140.254144.862149.100156.108162.538170.169174.854178.031187.169189.185191.662201.754207.762211.415214.369215.754218.623226.312242.639255.770257.497262.881268.320270.765270.537269.375267.841268.380268.458269.258272.061274.705316.790344.897347.653

Adjust frozen and refrigerated bakery products, pies, tarts, turnovers prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2021 * 2021 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Frozen and refrigerated bakery products, pies, tarts, turnovers was 274.705 in the year 2021 and 347.653 in 2024:

347.653 / 274.705 * $20 = $25.31

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $25.31 in 2024 (in the CPI category of Frozen and refrigerated bakery products, pies, tarts, turnovers).


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

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