According to the U.S. Bureau of Labor Statistics, prices for other food at home are 141.18% higher in 2024 versus 1988 (a $28.24 difference in value).
Between 1988 and 2024: Other food at home experienced an average inflation rate of 2.48% per year. This rate of change indicates significant inflation. In other words, other food at home costing $20 in the year 1988 would cost $48.24 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation for other food at home was lower.
In the year 1988: Pricing changed by 2.40%, which is below the average yearly change for other food at home during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for other food at home was lower.
Below are calculations of equivalent buying power for Other food at home, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1988 | $20.00 | 2.40% |
1989 | $21.05 | 5.26% |
1990 | $21.82 | 3.64% |
1991 | $22.50 | 3.11% |
1992 | $22.78 | 1.23% |
1993 | $23.06 | 1.27% |
1994 | $23.97 | 3.94% |
1995 | $24.89 | 3.81% |
1996 | $25.27 | 1.54% |
1997 | $26.05 | 3.08% |
1998 | $26.66 | 2.36% |
1999 | $27.13 | 1.76% |
2000 | $27.51 | 1.41% |
2001 | $28.21 | 2.52% |
2002 | $28.42 | 0.77% |
2003 | $28.75 | 1.13% |
2004 | $29.15 | 1.41% |
2005 | $29.52 | 1.26% |
2006 | $29.99 | 1.60% |
2007 | $30.63 | 2.15% |
2008 | $32.56 | 6.29% |
2009 | $33.81 | 3.83% |
2010 | $33.79 | -0.05% |
2011 | $34.89 | 3.26% |
2012 | $36.21 | 3.79% |
2013 | $36.21 | -0.02% |
2014 | $36.45 | 0.66% |
2015 | $37.01 | 1.54% |
2016 | $37.04 | 0.09% |
2017 | $37.10 | 0.16% |
2018 | $37.16 | 0.17% |
2019 | $37.32 | 0.42% |
2020 | $38.42 | 2.95% |
2021 | $39.40 | 2.55% |
2022 | $44.52 | 12.98% |
2023 | $47.68 | 7.12% |
2024 | $48.24 | 1.15%* |
* 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 food at home:
Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 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 | 29.285 | 29.777 | 30.677 | 32.869 | 34.285 | 34.592 | 36.723 | 47.777 | 55.392 | 56.423 | 68.362 | 73.638 | 79.015 | 88.400 | 94.954 | 97.346 | 99.531 | 103.123 | 105.700 | 109.385 | 110.485 | 113.131 | 119.085 | 123.423 | 127.262 | 128.831 | 130.462 | 135.608 | 140.769 | 142.938 | 147.338 | 150.815 | 153.469 | 155.638 | 159.562 | 160.785 | 162.600 | 164.885 | 166.962 | 169.631 | 173.275 | 184.166 | 191.220 | 191.124 | 197.358 | 204.844 | 204.812 | 206.158 | 209.334 | 209.523 | 209.865 | 210.220 | 211.093 | 217.325 | 222.875 | 251.811 | 269.729 | 272.844 |