Roasted coffee priced at $20 in 1998 $28.77 in 2024

Roasted Coffee Inflation Calculator

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Prices for Roasted Coffee, 1998-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for roasted coffee are 43.87% higher in 2024 versus 1998 (a $8.77 difference in value).

Between 1998 and 2024: Roasted coffee experienced an average inflation rate of 1.41% per year. In other words, roasted coffee costing $20 in the year 1998 would cost $28.77 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for roasted coffee was lower.

In the year 1998: Pricing changed by -3%, which is significantly below the average yearly change for roasted coffee during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for roasted coffee was much lower.

Price Inflation for Roasted coffee since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1977 (85.27%), 1950 (43.34%), and 1976 (40.80%).

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Buying power of $20.00 since 1998

Below are calculations of equivalent buying power for Roasted coffee, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20.00-3.00%
1999$18.48-7.62%
2000$18.751.46%
2001$17.41-7.11%
2002$16.69-4.12%
2003$17.062.17%
2004$17.130.41%
2005$19.3713.07%
2006$19.792.20%
2007$21.016.18%
2008$22.497.01%
2009$22.35-0.61%
2010$22.510.71%
2011$26.1916.35%
2012$26.621.62%
2013$24.85-6.63%
2014$24.31-2.17%
2015$25.083.13%
2016$24.33-2.95%
2017$24.31-0.12%
2018$23.79-2.11%
2019$23.50-1.22%
2020$23.680.73%
2021$24.413.08%
2022$28.1015.14%
2023$29.193.87%
2024$28.77-1.42%*

* 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 Roasted coffee:

Year19391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI8.7088.2929.23111.10811.27711.20011.25412.70817.27718.93120.39229.23131.90831.91532.72340.60834.07736.22335.37731.36926.34625.78525.33124.45424.00828.77729.40028.88527.41527.06927.14632.62333.40832.73837.02344.00847.43166.785123.731112.192105.708116.93196.90099.73198.354101.900103.585135.615113.692112.977120.777116.900113.762108.715107.608142.915167.738149.554176.323171.030158.000160.300148.900142.762145.854146.454165.600169.238179.704192.302191.137192.496223.977227.613212.528207.924214.430208.098207.853203.468200.988202.462208.700240.298249.594246.058

Adjust roasted coffee prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1998 * 1998 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Roasted coffee was 171.030 in the year 1998 and 246.058 in 2024:

246.058 / 171.030 * $20 = $28.77

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $28.77 in 2024 (in the CPI category of Roasted coffee).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Roasted coffee in 1939. In addition to roasted coffee, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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