Other condiments price inflation, 2020→2024

Other Condiments Inflation Calculator

Prices for Other Condiments, 2020-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other condiments are 30.88% higher in 2024 versus 2020 (a $6.18 difference in value).

Between 2020 and 2024: Other condiments experienced an average inflation rate of 6.96% per year. This rate of change indicates significant inflation. In other words, other condiments costing $20 in the year 2020 would cost $26.18 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for other condiments was higher.

In the year 2020: Pricing changed by 0.95%, which is significantly below the average yearly change for other condiments during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for other condiments was lower.

Price Inflation for Other condiments since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1980 (13.41%), 2023 (10.65%), and 1981 (9.11%).

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Buying power of $20.00 since 2020

Below are calculations of equivalent buying power for Other condiments, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2020	$20.00	0.95%
2021	$20.44	2.22%
2022	$22.17	8.47%
2023	$24.54	10.65%
2024	$26.18	6.69%*

* 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 Other condiments:

Year	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	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	64.600	67.846	73.623	83.492	91.100	97.123	100.469	102.400	106.115	109.192	112.138	114.008	119.715	125.831	132.462	138.062	142.231	144.369	148.285	154.077	160.223	169.954	174.631	179.900	185.338	194.012	202.700	207.608	211.031	219.269	225.943	238.580	241.780	246.588	259.188	268.061	272.412	267.614	273.464	276.430	278.008	276.268	277.814	280.464	286.678	310.948	344.065	367.069

Adjust other condiments prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2020 * 2020 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Other condiments was 280.464 in the year 2020 and 367.069 in 2024:

367.069 / 280.464 * $20 = $26.18

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2020 has the same "purchasing power" as $26.18 in 2024 (in the CPI category of Other condiments).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other condiments in 1977. In addition to other condiments, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.