According to the U.S. Bureau of Labor Statistics, prices for other food away from home are 4.46% higher in 2024 versus 2023 (a $0.89 difference in value).
Between 2023 and 2024: Other food away from home experienced an average inflation rate of 4.46% per year. This rate of change indicates significant inflation. In other words, other food away from home costing $20 in the year 2023 would cost $20.89 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for other food away from home was higher.
In the year 2023: Pricing changed by 6.95%, which is above the average yearly change for other food away from home during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), 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 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2023 | $20.00 | 6.95% |
2024 | $20.89 | 4.46%* |
* 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 | 243.771 |