According to the U.S. Bureau of Labor Statistics, prices for roasted coffee are 2.26% higher in 2024 versus 2022 (a $0.45 difference in value).
Between 2022 and 2024: Roasted coffee experienced an average inflation rate of 1.12% per year. In other words, roasted coffee costing $20 in the year 2022 would cost $20.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for roasted coffee was lower.
In the year 2022: Pricing changed by 15.14%, which is significantly above the average yearly change for roasted coffee during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for roasted coffee was much higher.
Below are calculations of equivalent buying power for Roasted coffee, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2022 | $20.00 | 15.14% |
2023 | $20.77 | 3.87% |
2024 | $20.45 | -1.55%* |
* 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:
Year | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 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 | 8.708 | 8.292 | 9.231 | 11.108 | 11.277 | 11.200 | 11.254 | 12.708 | 17.277 | 18.931 | 20.392 | 29.231 | 31.908 | 31.915 | 32.723 | 40.608 | 34.077 | 36.223 | 35.377 | 31.369 | 26.346 | 25.785 | 25.331 | 24.454 | 24.008 | 28.777 | 29.400 | 28.885 | 27.415 | 27.069 | 27.146 | 32.623 | 33.408 | 32.738 | 37.023 | 44.008 | 47.431 | 66.785 | 123.731 | 112.192 | 105.708 | 116.931 | 96.900 | 99.731 | 98.354 | 101.900 | 103.585 | 135.615 | 113.692 | 112.977 | 120.777 | 116.900 | 113.762 | 108.715 | 107.608 | 142.915 | 167.738 | 149.554 | 176.323 | 171.030 | 158.000 | 160.300 | 148.900 | 142.762 | 145.854 | 146.454 | 165.600 | 169.238 | 179.704 | 192.302 | 191.137 | 192.496 | 223.977 | 227.613 | 212.528 | 207.924 | 214.430 | 208.098 | 207.853 | 203.468 | 200.988 | 202.462 | 208.700 | 240.298 | 249.594 | 245.717 |