According to the U.S. Bureau of Labor Statistics, prices for lunchmeats are 88.21% higher in 2024 versus 1998 (a $17.64 difference in value).
Between 1998 and 2024: Lunchmeats experienced an average inflation rate of 2.46% per year. This rate of change indicates significant inflation. In other words, lunchmeats costing $20 in the year 1998 would cost $37.64 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for lunchmeats was lower.
In the year 1998: Pricing changed by -0.32%, which is below the average yearly change for lunchmeats during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for lunchmeats was lower.
Below are calculations of equivalent buying power for Lunchmeats, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | -0.32% |
| 1999 | $20.14 | 0.72% |
| 2000 | $20.54 | 1.98% |
| 2001 | $21.14 | 2.92% |
| 2002 | $21.69 | 2.61% |
| 2003 | $21.98 | 1.33% |
| 2004 | $22.97 | 4.51% |
| 2005 | $23.49 | 2.26% |
| 2006 | $23.82 | 1.40% |
| 2007 | $24.13 | 1.29% |
| 2008 | $24.99 | 3.55% |
| 2009 | $25.78 | 3.19% |
| 2010 | $25.76 | -0.08% |
| 2011 | $26.95 | 4.62% |
| 2012 | $27.31 | 1.32% |
| 2013 | $27.42 | 0.40% |
| 2014 | $28.48 | 3.86% |
| 2015 | $29.55 | 3.78% |
| 2016 | $29.51 | -0.13% |
| 2017 | $29.07 | -1.50% |
| 2018 | $28.74 | -1.14% |
| 2019 | $28.97 | 0.81% |
| 2020 | $30.23 | 4.34% |
| 2021 | $30.97 | 2.46% |
| 2022 | $35.80 | 15.60% |
| 2023 | $37.61 | 5.05% |
| 2024 | $37.64 | 0.08%* |
* 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 Lunchmeats:
| 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 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 99.677 | 100.392 | 102.385 | 105.369 | 108.115 | 109.554 | 114.500 | 117.085 | 118.723 | 120.260 | 124.530 | 128.500 | 128.396 | 134.327 | 136.098 | 136.643 | 141.919 | 147.288 | 147.090 | 144.882 | 143.236 | 144.394 | 150.659 | 154.365 | 178.446 | 187.462 | 187.606 |