Lunchmeats priced at $20 in 1999 $37.37 in 2024

Lunchmeats Inflation Calculator

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Prices for Lunchmeats, 1999-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for lunchmeats are 86.87% higher in 2024 versus 1999 (a $17.37 difference in value).

Between 1999 and 2024: Lunchmeats experienced an average inflation rate of 2.53% per year. This rate of change indicates significant inflation. In other words, lunchmeats costing $20 in the year 1999 would cost $37.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for lunchmeats was lower.

In the year 1999: Pricing changed by 0.72%, which is below the average yearly change for lunchmeats during the 1999-2024 time period. Compared to inflation for all items in 1999 (2.19%), inflation for lunchmeats was lower.

Price Inflation for Lunchmeats since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (15.60%), 2023 (5.05%), and 2011 (4.62%).

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Buying power of $20.00 since 1999

Below are calculations of equivalent buying power for Lunchmeats, over time, for $20 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$20.000.72%
2000$20.401.98%
2001$20.992.92%
2002$21.542.61%
2003$21.831.33%
2004$22.814.51%
2005$23.332.26%
2006$23.651.40%
2007$23.961.29%
2008$24.813.55%
2009$25.603.19%
2010$25.58-0.08%
2011$26.764.62%
2012$27.111.32%
2013$27.220.40%
2014$28.273.86%
2015$29.343.78%
2016$29.30-0.13%
2017$28.86-1.50%
2018$28.54-1.14%
2019$28.770.81%
2020$30.014.34%
2021$30.752.46%
2022$35.5515.60%
2023$37.355.05%
2024$37.370.08%*

* 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:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.00099.677100.392102.385105.369108.115109.554114.500117.085118.723120.260124.530128.500128.396134.327136.098136.643141.919147.288147.090144.882143.236144.394150.659154.365178.446187.462187.606

Adjust lunchmeats prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1999 * 1999 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Lunchmeats was 100.392 in the year 1999 and 187.606 in 2024:

187.606 / 100.392 * $20 = $37.37

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1999 has the same "purchasing power" as $37.37 in 2024 (in the CPI category of Lunchmeats).


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

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