According to the U.S. Bureau of Labor Statistics, prices for full service meals and snacks were 27.97% higher in 2020 versus 2010 (a $5.59 difference in value).
Between 2010 and 2020: Full service meals and snacks experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, full service meals and snacks costing $20 in the year 2010 would cost $25.59 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for full service meals and snacks was higher.
In the year 2010: Pricing changed by 1.32%, which is below the average yearly change for full service meals and snacks during the 2010-2020 time period. Compared to inflation for all items in 2010 (1.64%), inflation for full service meals and snacks was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Full service meals and snacks:
Below are calculations of equivalent buying power for Full service meals and snacks, over time, for $20 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|