Fruits and vegetables priced at $20 in 1973 $147.61 in 2023

Fruits And Vegetables Inflation Calculator

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Prices for Fruits And Vegetables, 1973-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fruits and vegetables are 638.03% higher in 2023 versus 1973 (a $127.61 difference in value).

Between 1973 and 2023: Fruits and vegetables experienced an average inflation rate of 4.08% per year. This rate of change indicates significant inflation. In other words, fruits and vegetables costing $20 in the year 1973 would cost $147.61 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation for fruits and vegetables was higher.

In the year 1973: Pricing changed by 13.91%, which is significantly above the average yearly change for fruits and vegetables during the 1973-2023 time period. Compared to inflation for all items in 1973 (6.18%), inflation for fruits and vegetables was much higher.

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 1973

Below are calculations of equivalent buying power for Fruits and vegetables, over time, for $20 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$20.0013.91%
1974$23.2816.38%
1975$24.013.14%
1976$24.612.54%
1977$26.899.24%
1978$29.8911.17%
1979$32.298.02%
1980$34.637.25%
1981$38.7912.02%
1982$40.905.44%
1983$41.020.29%
1984$44.568.62%
1985$45.722.61%
1986$46.140.92%
1987$50.228.84%
1988$54.027.58%
1989$58.177.68%
1990$62.807.97%
1991$65.694.60%
1992$65.51-0.28%
1993$67.032.32%
1994$69.573.79%
1995$74.917.68%
1996$77.543.51%
1997$79.041.94%
1998$83.555.70%
1999$85.622.48%
2000$86.270.76%
2001$89.463.69%
2002$93.124.10%
2003$95.242.27%
2004$98.113.01%
2005$101.773.73%
2006$106.634.78%
2007$110.723.84%
2008$117.606.21%
2009$115.07-2.15%
2010$115.290.19%
2011$120.014.10%
2012$119.24-0.64%
2013$122.282.55%
2014$124.121.51%
2015$123.88-0.19%
2016$124.910.83%
2017$124.66-0.20%
2018$125.550.71%
2019$126.841.03%
2020$128.561.35%
2021$132.723.24%
2022$144.058.53%
2023$147.612.47%*

* 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 1973 * 1973 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Fruits and vegetables was 47.438 in the year 1973 and 350.112 in 2023:

350.112 / 47.438 * $20 = $147.61

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1973 has the same "purchasing power" as $147.61 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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