Limited service meals and snacks priced at $20 in 1997 $39.71 in 2021

Limited Service Meals And Snacks Inflation Calculator

$

Prices for Limited Service Meals And Snacks, 1997-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for limited service meals and snacks were 98.56% higher in 2021 versus 1997 (a $19.71 difference in value).

Between 1997 and 2021: Limited service meals and snacks experienced an average inflation rate of 2.90% per year. This rate of change indicates significant inflation. In other words, limited service meals and snacks costing $20 in the year 1997 would cost $39.71 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.13% during this same period, inflation for limited service meals and snacks was higher.

Price Inflation for Limited service meals and snacks since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (4.88%), 2021 (4.55%), and 2020 (4.32%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Limited service meals and snacks:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
CPI 100.000 101.208 103.554 106.323 109.585 112.700 114.854 118.569 122.415 126.015 130.553 136.930 142.641 143.863 147.094 151.747 154.631 158.432 163.340 167.719 171.842 176.582 182.053 189.916 198.565

View price changes for other categories
New York · Boston, Massachusetts · Milk · Admission to sporting events · More

Buying power of $20 since 1997

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

Year USD Value Inflation Rate
1997 $20.00 -
1998 $20.24 1.21%
1999 $20.71 2.32%
2000 $21.26 2.67%
2001 $21.92 3.07%
2002 $22.54 2.84%
2003 $22.97 1.91%
2004 $23.71 3.23%
2005 $24.48 3.24%
2006 $25.20 2.94%
2007 $26.11 3.60%
2008 $27.39 4.88%
2009 $28.53 4.17%
2010 $28.77 0.86%
2011 $29.42 2.25%
2012 $30.35 3.16%
2013 $30.93 1.90%
2014 $31.69 2.46%
2015 $32.67 3.10%
2016 $33.54 2.68%
2017 $34.37 2.46%
2018 $35.32 2.76%
2019 $36.41 3.10%
2020 $37.98 4.32%
2021 $39.71 4.55%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for limited service meals and snacks, 1997-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1997 * 1997 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Limited service meals and snacks was 100.000 in the year 1997 and 198.565 in 2021:

198.565 / 100.000 * $20 = $39.71

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $39.71 in 2021 (in the CPI category of Limited service meals and snacks).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Limited service meals and snacks in 1997. In addition to limited service meals and snacks, 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.