According to the U.S. Bureau of Labor Statistics, prices for other food away from home are 142.58% higher in 2024 versus 1997 (a $28.52 difference in value).
Between 1997 and 2024: Other food away from home experienced an average inflation rate of 3.34% per year. This rate of change indicates significant inflation. In other words, other food away from home costing $20 in the year 1997 would cost $48.52 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for other food away from home was higher.
Below are calculations of equivalent buying power for Other food away from home, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1997 | $20.00 | - |
1998 | $20.32 | 1.58% |
1999 | $21.03 | 3.53% |
2000 | $21.80 | 3.66% |
2001 | $22.68 | 4.03% |
2002 | $23.54 | 3.79% |
2003 | $24.25 | 3.02% |
2004 | $25.05 | 3.31% |
2005 | $26.26 | 4.83% |
2006 | $27.32 | 4.04% |
2007 | $28.81 | 5.45% |
2008 | $30.13 | 4.56% |
2009 | $31.17 | 3.46% |
2010 | $31.86 | 2.20% |
2011 | $32.56 | 2.21% |
2012 | $33.30 | 2.28% |
2013 | $33.93 | 1.88% |
2014 | $34.75 | 2.43% |
2015 | $35.93 | 3.37% |
2016 | $36.54 | 1.71% |
2017 | $36.91 | 1.02% |
2018 | $38.37 | 3.95% |
2019 | $39.27 | 2.36% |
2020 | $40.12 | 2.15% |
2021 | $41.28 | 2.88% |
2022 | $43.64 | 5.73% |
2023 | $46.67 | 6.95% |
2024 | $48.52 | 3.95%* |
* 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 away from home:
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 | 2022 | 2023 | 2024 |
CPI | 100.000 | 101.577 | 105.162 | 109.008 | 113.400 | 117.700 | 121.254 | 125.269 | 131.315 | 136.623 | 144.068 | 150.640 | 155.852 | 159.276 | 162.794 | 166.503 | 169.637 | 173.762 | 179.625 | 182.692 | 184.548 | 191.845 | 196.368 | 200.597 | 206.384 | 218.209 | 233.367 | 242.580 |