Frozen fruits and vegetables priced at $20 in 2014 $25.64 in 2023

Frozen Fruits And Vegetables Inflation Calculator


Prices for Frozen Fruits And Vegetables, 2014-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen fruits and vegetables are 28.22% higher in 2023 versus 2014 (a $5.64 difference in value).

Between 2014 and 2023: Frozen fruits and vegetables experienced an average inflation rate of 2.80% per year. This rate of change indicates significant inflation. In other words, frozen fruits and vegetables costing $20 in the year 2014 would cost $25.64 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for frozen fruits and vegetables was lower.

In the year 2014: Pricing changed by -1.20%, which is significantly below the average yearly change for frozen fruits and vegetables during the 2014-2023 time period. Compared to inflation for all items in 2014 (1.62%), inflation for frozen fruits and vegetables was lower.

Price Inflation for Frozen fruits and vegetables since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2023 (10.76%), 2022 (10.64%), and 2008 (5.89%).

View price changes for other categories
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Buying power of $20.00 since 2014

Below are calculations of equivalent buying power for Frozen fruits and vegetables, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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 fruits and vegetables:


Adjust frozen fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2014 * 2014 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Frozen fruits and vegetables was 146.787 in the year 2014 and 188.213 in 2023:

188.213 / 146.787 * $20 = $25.64

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $25.64 in 2023 (in the CPI category of Frozen fruits and vegetables).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Frozen fruits and vegetables in 1997. In addition to frozen fruits and vegetables, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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