Full service meals and snacks priced at $20 in 2012 $30.53 in 2024

Full Service Meals And Snacks Inflation Calculator

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Prices for Full Service Meals And Snacks, 2012-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for full service meals and snacks are 52.64% higher in 2024 versus 2012 (a $10.53 difference in value).

Between 2012 and 2024: Full service meals and snacks experienced an average inflation rate of 3.59% per year. This rate of change indicates significant inflation. In other words, full service meals and snacks costing $20 in the year 2012 would cost $30.53 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.63% during this same period, inflation for full service meals and snacks was higher.

In the year 2012: Pricing changed by 2.61%, which is below the average yearly change for full service meals and snacks during the 2012-2024 time period. Compared to inflation for all items in 2012 (2.07%), inflation for full service meals and snacks was higher.

Price Inflation for Full service meals and snacks since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (8.51%), 2023 (6.09%), and 2021 (4.51%).

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Buying power of $20.00 since 2012

Below are calculations of equivalent buying power for Full service meals and snacks, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2012$20.002.61%
2013$20.452.24%
2014$20.962.51%
2015$21.522.66%
2016$22.022.34%
2017$22.552.41%
2018$23.082.35%
2019$23.813.17%
2020$24.502.89%
2021$25.614.51%
2022$27.798.51%
2023$29.486.09%
2024$30.533.56%*

* 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 Full service meals and snacks:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000101.515104.277106.838110.262112.962115.262118.385121.885125.723130.203135.422139.223141.064144.371148.142151.465155.269159.394163.125167.059170.981176.399181.503189.681205.825218.353226.121

Adjust full service meals and snacks prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2012 * 2012 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Full service meals and snacks was 148.142 in the year 2012 and 226.121 in 2024:

226.121 / 148.142 * $20 = $30.53

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2012 has the same "purchasing power" as $30.53 in 2024 (in the CPI category of Full service meals and snacks).


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

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