Roasted coffee price inflation, 2022→2023

Roasted Coffee Inflation Calculator

Prices for Roasted Coffee, 2022-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for roasted coffee were 3.87% higher in 2023 versus 2022 (a $0.77 difference in value).

Between 2022 and 2023: Roasted coffee experienced an average inflation rate of 3.87% per year. This rate of change indicates significant inflation. In other words, roasted coffee costing $20 in the year 2022 would cost $20.77 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 4.12% 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 2022-2023 time period. Compared to inflation for all items in 2022 (8%), inflation for roasted coffee was much higher.

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 2022

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	$20.61	-0.81%*

* 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	247.577

Adjust roasted coffee prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2022 * 2022 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Roasted coffee was 240.298 in the year 2022 and 249.594 in 2023:

249.594 / 240.298 * $20 = $20.77

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2022 has the same "purchasing power" as $20.77 in 2023 (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.