Indoor plants priced at $20 in 1997 $29 in 2024

Indoor Plants Inflation Calculator

$

Prices for Indoor Plants, 1997-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for indoor plants and flowers are 45.02% higher in 2024 versus 1997 (a $9 difference in value).

Between 1997 and 2024: Indoor plants experienced an average inflation rate of 1.39% per year. In other words, indoor plants costing $20 in the year 1997 would cost $29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for indoor plants was lower.

In the year 1997: Pricing changed by -3.90%, which is significantly below the average yearly change for indoor plants during the 1997-2024 time period. Compared to inflation for all items in 1997 (2.33%), inflation for indoor plants was much lower.

Price Inflation for Indoor plants and flowers since 1990

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (6.44%), 2021 (5.73%), and 2022 (5.66%).

View price changes for other categories
San Francisco, California · Milk · Public transportation · Rent of primary residence · More

Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Indoor plants, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$20.00-3.90%
1998$20.261.31%
1999$19.80-2.29%
2000$20.875.44%
2001$21.372.38%
2002$21.420.23%
2003$21.30-0.58%
2004$21.963.09%
2005$21.90-0.26%
2006$22.080.84%
2007$22.341.17%
2008$23.183.74%
2009$23.04-0.61%
2010$22.81-0.97%
2011$22.880.28%
2012$22.78-0.40%
2013$22.870.38%
2014$22.910.19%
2015$23.251.48%
2016$23.13-0.55%
2017$23.451.41%
2018$23.701.07%
2019$23.820.49%
2020$24.040.94%
2021$25.425.73%
2022$26.865.66%
2023$27.632.86%
2024$29.004.97%*

* 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 Indoor plants and flowers:

Year19901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000106.438111.123109.800111.392116.600115.131110.638112.092109.523115.478118.231118.500117.815121.454121.138122.162123.593128.215127.436126.197126.553126.044126.520126.761128.634127.931129.729131.121131.762133.002140.628148.594152.841160.444

Adjust indoor plants prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Indoor plants and flowers was 110.638 in the year 1997 and 160.444 in 2024:

160.444 / 110.638 * $20 = $29

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $29 in 2024 (in the CPI category of Indoor plants and flowers).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Indoor plants and flowers in 1990. In addition to indoor plants, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.