Rice priced at $20 in 2011 $20.23 in 2021

Rice Inflation Calculator

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Prices for Rice, 2011-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for rice were 1.16% higher in 2021 versus 2011 (a $0.23 difference in value).

Between 2011 and 2021: Rice experienced an average inflation rate of 0.12% per year. In other words, rice costing $20 in the year 2011 would cost $20.23 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.82% during this same period, inflation for rice was lower.

In the year 2011: Pricing changed by 4.47%, which is significantly above the average yearly change for rice during the 2011-2021 time period. Compared to inflation for all items in 2011 (3.16%), inflation for rice was higher.

Price Inflation for Rice since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (27.30%), 2004 (7.17%), and 2006 (5.64%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Rice:

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
CPI 100.000 99.354 100.892 99.285 98.200 98.254 100.777 108.000 108.762 114.892 120.066 152.842 160.992 156.909 163.927 167.327 170.212 170.678 167.202 163.080 160.028 161.708 162.567 164.913 165.827

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Buying power of $20 since 2011

Below are calculations of equivalent buying power for Rice, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2011 $20.00 4.47%
2012 $20.41 2.07%
2013 $20.77 1.72%
2014 $20.82 0.27%
2015 $20.40 -2.04%
2016 $19.90 -2.47%
2017 $19.52 -1.87%
2018 $19.73 1.05%
2019 $19.83 0.53%
2020 $20.12 1.44%
2021 $20.23 0.55%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for rice, 2011-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2011 * 2011 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Rice was 163.927 in the year 2011 and 165.827 in 2021:

165.827 / 163.927 * $20 = $20.23

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2011 has the same "purchasing power" as $20.23 in 2021 (in the CPI category of Rice).


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

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