Fruits and vegetables priced at $20 in 1950 $313.14 in 2023

Fruits And Vegetables Inflation Calculator

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Prices for Fruits And Vegetables, 1950-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fruits and vegetables are 1,465.69% higher in 2023 versus 1950 (a $293.14 difference in value).

Between 1950 and 2023: Fruits and vegetables experienced an average inflation rate of 3.84% per year. This rate of change indicates significant inflation. In other words, fruits and vegetables costing $20 in the year 1950 would cost $313.14 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation for fruits and vegetables was higher.

In the year 1950: Pricing changed by -4.28%, which is significantly below the average yearly change for fruits and vegetables during the 1950-2023 time period. Compared to inflation for all items in 1950 (1.10%), inflation for fruits and vegetables was much lower.

Price Inflation for Fruits and vegetables since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1943 (28.89%), 1942 (26.81%), and 1974 (16.38%).

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Buying power of $20.00 since 1950

Below are calculations of equivalent buying power for Fruits and vegetables, over time, for $20 beginning in 1950. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1950$20.00-4.28%
1951$21.889.39%
1952$24.049.87%
1953$23.25-3.26%
1954$22.93-1.39%
1955$23.271.50%
1956$24.404.82%
1957$24.32-0.31%
1958$26.057.10%
1959$25.65-1.53%
1960$26.302.55%
1961$26.400.37%
1962$26.600.78%
1963$28.155.79%
1964$29.243.89%
1965$29.20-0.14%
1966$29.802.07%
1967$29.79-0.05%
1968$32.127.83%
1969$32.541.29%
1970$33.773.79%
1971$35.475.03%
1972$37.255.02%
1973$42.4313.91%
1974$49.3816.38%
1975$50.933.14%
1976$52.222.54%
1977$57.049.24%
1978$63.4111.17%
1979$68.508.02%
1980$73.467.25%
1981$82.2912.02%
1982$86.775.44%
1983$87.020.29%
1984$94.528.62%
1985$96.992.61%
1986$97.880.92%
1987$106.538.84%
1988$114.607.58%
1989$123.407.68%
1990$133.237.97%
1991$139.354.60%
1992$138.97-0.28%
1993$142.192.32%
1994$147.583.79%
1995$158.927.68%
1996$164.503.51%
1997$167.681.94%
1998$177.255.70%
1999$181.642.48%
2000$183.020.76%
2001$189.783.69%
2002$197.564.10%
2003$202.052.27%
2004$208.133.01%
2005$215.903.73%
2006$226.214.78%
2007$234.893.84%
2008$249.486.21%
2009$244.12-2.15%
2010$244.580.19%
2011$254.604.10%
2012$252.96-0.64%
2013$259.402.55%
2014$263.311.51%
2015$262.81-0.19%
2016$264.990.83%
2017$264.46-0.20%
2018$266.340.71%
2019$269.081.03%
2020$272.731.35%
2021$281.563.24%
2022$305.598.53%
2023$313.142.47%*

* 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 Fruits and vegetables:

Year19351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI11.20011.77712.11510.46910.61510.86211.59214.70018.94618.87719.87720.46922.38523.03123.36222.36224.46226.87726.00025.63826.02327.27727.19229.12328.67729.40829.51529.74631.46932.69232.64633.32333.30835.91536.37737.75439.65441.64647.43855.20856.93858.38563.77770.90076.58582.13892.00897.01597.300105.685108.446109.438119.108128.131137.969148.962155.808155.377158.985165.008177.685183.923187.485198.177203.092204.631212.185220.885225.908232.708241.392252.923262.628278.932272.945273.458284.662282.827290.033294.398293.840296.277295.684297.793300.854304.929314.809341.671350.112

Adjust fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1950 * 1950 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Fruits and vegetables was 22.362 in the year 1950 and 350.112 in 2023:

350.112 / 22.362 * $20 = $313.14

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1950 has the same "purchasing power" as $313.14 in 2023 (in the CPI category of Fruits and vegetables).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fruits and vegetables in 1935. In addition to 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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