Processed fruits and vegetables priced at $20 in 1997 $36.18 in 2022

Processed Fruits And Vegetables Inflation Calculator

$

Prices for Processed Fruits And Vegetables, 1997-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for processed fruits and vegetables are 80.90% higher in 2022 versus 1997 (a $16.18 difference in value).

Between 1997 and 2022: Processed fruits and vegetables experienced an average inflation rate of 2.40% per year. This rate of change indicates significant inflation. In other words, processed fruits and vegetables costing $20 in the year 1997 would cost $36.18 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.39% during this same period, inflation for processed fruits and vegetables was higher.

Price Inflation for Processed fruits and vegetables since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (9.50%), 2022 (8.82%), and 2009 (6.62%).

View price changes for other categories
New trucks · New cars · Wine at home · Gasoline (all types) · More

Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Processed fruits and vegetables, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$20.00-
1998$20.452.23%
1999$20.892.19%
2000$21.111.05%
2001$21.793.23%
2002$22.613.75%
2003$22.820.93%
2004$23.101.23%
2005$23.863.30%
2006$24.562.91%
2007$25.453.62%
2008$27.879.50%
2009$29.716.62%
2010$29.32-1.30%
2011$30.182.93%
2012$31.343.82%
2013$31.430.31%
2014$31.470.11%
2015$31.690.72%
2016$31.59-0.33%
2017$31.08-1.62%
2018$30.89-0.60%
2019$31.241.13%
2020$32.323.47%
2021$33.252.86%
2022$36.188.82%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Processed fruits and vegetables:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000102.231104.469105.562108.969113.054114.100115.508119.323122.800127.241139.326148.552146.618150.909156.679157.162157.334158.462157.947155.390154.455156.202161.615166.234180.897

Adjust processed fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Processed fruits and vegetables was 100.000 in the year 1997 and 180.897 in 2022:

180.897 / 100.000 * $20 = $36.18

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $36.18 in 2022 (in the CPI category of Processed fruits and vegetables).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Processed fruits and vegetables in 1997. In addition to processed fruits and vegetables, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.