According to the U.S. Bureau of Labor Statistics, prices for other foods are 318.91% higher in 2024 versus 1978 (a $63.78 difference in value).
Between 1978 and 2024: Other foods experienced an average inflation rate of 3.16% per year. This rate of change indicates significant inflation. In other words, other foods costing $20 in the year 1978 would cost $83.78 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for other foods was lower.
In the year 1978: Pricing changed by 7.99%, which is significantly above the average yearly change for other foods during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), inflation for other foods was higher.
Below are calculations of equivalent buying power for Other foods, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1978 | $20.00 | 7.99% |
1979 | $22.02 | 10.08% |
1980 | $24.40 | 10.81% |
1981 | $26.92 | 10.33% |
1982 | $28.31 | 5.16% |
1983 | $29.19 | 3.13% |
1984 | $30.08 | 3.05% |
1985 | $31.06 | 3.25% |
1986 | $31.88 | 2.62% |
1987 | $33.23 | 4.24% |
1988 | $34.45 | 3.67% |
1989 | $36.64 | 6.36% |
1990 | $38.29 | 4.51% |
1991 | $40.04 | 4.56% |
1992 | $40.91 | 2.18% |
1993 | $41.96 | 2.56% |
1994 | $43.06 | 2.63% |
1995 | $44.11 | 2.44% |
1996 | $45.61 | 3.39% |
1997 | $47.07 | 3.21% |
1998 | $48.32 | 2.65% |
1999 | $49.31 | 2.04% |
2000 | $50.28 | 1.98% |
2001 | $51.40 | 2.22% |
2002 | $51.72 | 0.62% |
2003 | $52.19 | 0.92% |
2004 | $52.46 | 0.52% |
2005 | $53.27 | 1.55% |
2006 | $54.00 | 1.37% |
2007 | $54.96 | 1.77% |
2008 | $57.84 | 5.24% |
2009 | $60.00 | 3.73% |
2010 | $59.72 | -0.46% |
2011 | $61.11 | 2.32% |
2012 | $63.24 | 3.50% |
2013 | $63.56 | 0.50% |
2014 | $64.20 | 1.00% |
2015 | $65.24 | 1.63% |
2016 | $65.43 | 0.29% |
2017 | $65.51 | 0.12% |
2018 | $65.60 | 0.14% |
2019 | $65.77 | 0.26% |
2020 | $67.82 | 3.12% |
2021 | $69.30 | 2.18% |
2022 | $78.07 | 12.65% |
2023 | $83.20 | 6.57% |
2024 | $83.78 | 0.70%* |
* 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 foods:
Year | 1963 | 1964 | 1965 | 1966 | 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 | 35.900 | 35.731 | 36.069 | 35.754 | 36.185 | 36.838 | 38.108 | 39.577 | 40.754 | 41.462 | 43.031 | 52.215 | 58.938 | 61.254 | 63.431 | 68.500 | 75.408 | 83.562 | 92.192 | 96.954 | 99.992 | 103.038 | 106.392 | 109.177 | 113.808 | 117.985 | 125.492 | 131.154 | 137.138 | 140.123 | 143.715 | 147.492 | 151.092 | 156.215 | 161.231 | 165.508 | 168.885 | 172.223 | 176.038 | 177.131 | 178.754 | 179.685 | 182.462 | 184.962 | 188.244 | 198.103 | 205.497 | 204.553 | 209.292 | 216.611 | 217.701 | 219.869 | 223.443 | 224.093 | 224.362 | 224.667 | 225.250 | 232.286 | 237.350 | 267.379 | 284.958 | 286.952 |