Fruits and vegetables priced at $20 in 2023 $20.13 in 2024

Fruits And Vegetables Inflation Calculator

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Prices for Fruits And Vegetables, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fruits and vegetables are 0.67% higher in 2024 versus 2023 (a $0.13 difference in value).

Between 2023 and 2024: Fruits and vegetables experienced an average inflation rate of 0.67% per year. In other words, fruits and vegetables costing $20 in the year 2023 would cost $20.13 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for fruits and vegetables was lower.

In the year 2023: Pricing changed by 2.49%, which is above the average yearly change for fruits and vegetables during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for fruits and vegetables was 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%).

View price changes for other categories
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Buying power of $20.00 since 2023

Below are calculations of equivalent buying power for Fruits and vegetables, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2023$20.002.49%
2024$20.130.67%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI11.20011.77712.11510.46910.61510.86211.59214.70018.94618.87719.87720.46922.38523.03123.36222.36224.46226.87726.00025.63826.02327.27727.19229.12328.67729.40829.51529.74631.46932.69232.64633.32333.30835.91536.37737.75439.65441.64647.43855.20856.93858.38563.77770.90076.58582.13892.00897.01597.300105.685108.446109.438119.108128.131137.969148.962155.808155.377158.985165.008177.685183.923187.485198.177203.092204.631212.185220.885225.908232.708241.392252.923262.628278.932272.945273.458284.662282.827290.033294.398293.840296.277295.684297.793300.854304.929314.809341.671350.175352.522

Adjust fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Fruits and vegetables was 350.175 in the year 2023 and 352.522 in 2024:

352.522 / 350.175 * $20 = $20.13

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $20.13 in 2024 (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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