According to the U.S. Bureau of Labor Statistics, prices for salt and other seasonings and spices were 61.41% higher in 2021 versus 1997 (a $12.28 difference in value).
Between 1997 and 2021: Salt and other seasonings and spices experienced an average inflation rate of 2.01% 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 $32.28 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.08% during this same period, inflation for salt and other seasonings and spices was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Salt and other seasonings and spices:
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 | 100.077 | 101.608 | 102.400 | 106.992 | 107.854 | 107.000 | 107.431 | 112.054 | 111.915 | 114.802 | 119.141 | 122.161 | 122.820 | 129.500 | 137.159 | 135.794 | 140.703 | 146.541 | 151.571 | 152.003 | 154.260 | 154.931 | 157.222 | 161.412 |
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:
Year | USD Value | Inflation Rate |
---|---|---|
1997 | $20.00 | - |
1998 | $20.02 | 0.08% |
1999 | $20.32 | 1.53% |
2000 | $20.48 | 0.78% |
2001 | $21.40 | 4.48% |
2002 | $21.57 | 0.81% |
2003 | $21.40 | -0.79% |
2004 | $21.49 | 0.40% |
2005 | $22.41 | 4.30% |
2006 | $22.38 | -0.12% |
2007 | $22.96 | 2.58% |
2008 | $23.83 | 3.78% |
2009 | $24.43 | 2.53% |
2010 | $24.56 | 0.54% |
2011 | $25.90 | 5.44% |
2012 | $27.43 | 5.91% |
2013 | $27.16 | -0.99% |
2014 | $28.14 | 3.61% |
2015 | $29.31 | 4.15% |
2016 | $30.31 | 3.43% |
2017 | $30.40 | 0.29% |
2018 | $30.85 | 1.48% |
2019 | $30.99 | 0.44% |
2020 | $31.44 | 1.48% |
2021 | $32.28 | 2.66%* |