Oranges, including tangerines priced at $20 in 2018 $17.82 in 2020

Oranges, Including Tangerines Inflation Calculator


Prices for Oranges, Including Tangerines, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for oranges, including tangerines were 10.92% lower in 2020 versus 2018 (a $2.18 difference in value).

Between 2018 and 2020: Oranges, including tangerines experienced an average inflation rate of -5.62% per year. This rate of change indicates significant deflation. In other words, oranges, including tangerines costing $20 in the year 2018 would cost $17.82 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for oranges, including tangerines was significantly lower.

Price Inflation for Oranges, including tangerines since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2020 (-7.34%), and 2019 (-3.86%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Oranges, including tangerines:

Year 2018 2019 2020
CPI 531.944 511.388 473.839

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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Oranges, including tangerines, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2018 $20.00 -
2019 $19.23 -3.86%
2020 $17.82 -7.34%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for oranges, including tangerines, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Oranges, including tangerines was 531.944 in the year 2018 and 473.839 in 2020:

473.839 / 531.944 * $20 = $17.82

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $17.82 in 2020 (in the CPI category of Oranges, including tangerines).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Oranges, including tangerines in 2018. In addition to oranges, including tangerines, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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