Olives, pickles, relishes priced at $20 in 1998 $29.28 in 2021

Olives, Pickles, Relishes Inflation Calculator

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Prices for Olives, Pickles, Relishes, 1998-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for olives, pickles, relishes were 46.38% higher in 2021 versus 1998 (a $9.28 difference in value).

Between 1998 and 2021: Olives, pickles, relishes experienced an average inflation rate of 1.67% per year. In other words, olives, pickles, relishes costing $20 in the year 1998 would cost $29.28 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.19% during this same period, inflation for olives, pickles, relishes was lower.

In the year 1998: Pricing changed by 2.03%, which is above the average yearly change for olives, pickles, relishes during the 1998-2021 time period. Compared to inflation for all items in 1998 (1.55%), inflation for olives, pickles, relishes was higher.

Price Inflation for Olives, pickles, relishes since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2001 (7.05%), 2007 (6.88%), and 2009 (5.91%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Olives, pickles, relishes:

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 100.000 102.031 101.731 102.377 109.592 109.938 107.915 106.223 108.238 113.054 120.837 127.089 134.606 132.257 135.431 136.958 134.243 133.801 136.873 137.841 136.061 138.332 141.689 147.931 149.355

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Buying power of $20 since 1998

Below are calculations of equivalent buying power for Olives, pickles, relishes, 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 2.03%
1999 $19.94 -0.29%
2000 $20.07 0.64%
2001 $21.48 7.05%
2002 $21.55 0.32%
2003 $21.15 -1.84%
2004 $20.82 -1.57%
2005 $21.22 1.90%
2006 $22.16 4.45%
2007 $23.69 6.88%
2008 $24.91 5.17%
2009 $26.39 5.91%
2010 $25.92 -1.75%
2011 $26.55 2.40%
2012 $26.85 1.13%
2013 $26.31 -1.98%
2014 $26.23 -0.33%
2015 $26.83 2.30%
2016 $27.02 0.71%
2017 $26.67 -1.29%
2018 $27.12 1.67%
2019 $27.77 2.43%
2020 $29.00 4.40%
2021 $29.28 0.96%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for olives, pickles, relishes, 1998-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1998 * 1998 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Olives, pickles, relishes was 102.031 in the year 1998 and 149.355 in 2021:

149.355 / 102.031 * $20 = $29.28

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $29.28 in 2021 (in the CPI category of Olives, pickles, relishes).


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

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