Salt and other seasonings and spices priced at $20 in 1997 $37.33 in 2023

Salt And Other Seasonings And Spices Inflation Calculator

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Prices for Salt And Other Seasonings And Spices, 1997-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for salt and other seasonings and spices are 86.67% higher in 2023 versus 1997 (a $17.33 difference in value).

Between 1997 and 2023: Salt and other seasonings and spices experienced an average inflation rate of 2.43% per year. This rate of change indicates significant inflation. In other words, salt and other seasonings and spices costing $20 in the year 1997 would cost $37.33 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for salt and other seasonings and spices was lower.

Price Inflation for Salt and other seasonings and spices since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (9.59%), 2012 (5.91%), and 2011 (5.44%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Salt and other seasonings and spices, 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$20.020.08%
1999$20.321.53%
2000$20.480.78%
2001$21.404.48%
2002$21.570.81%
2003$21.40-0.79%
2004$21.490.40%
2005$22.414.30%
2006$22.38-0.12%
2007$22.962.58%
2008$23.833.78%
2009$24.432.53%
2010$24.560.54%
2011$25.905.44%
2012$27.435.91%
2013$27.16-0.99%
2014$28.143.61%
2015$29.314.15%
2016$30.313.43%
2017$30.400.29%
2018$30.851.48%
2019$30.990.44%
2020$31.441.48%
2021$32.473.28%
2022$35.599.59%
2023$37.334.91%*

* 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 Salt and other seasonings and spices:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.000100.077101.608102.400106.992107.854107.000107.431112.054111.915114.802119.141122.161122.820129.500137.159135.794140.703146.541151.571152.003154.260154.931157.222162.372177.939186.670

Adjust salt and other seasonings and spices prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1997 * 1997 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Salt and other seasonings and spices was 100.000 in the year 1997 and 186.670 in 2023:

186.670 / 100.000 * $20 = $37.33

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $37.33 in 2023 (in the CPI category of Salt and other seasonings and spices).


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

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