Salt and other seasonings and spices priced at $20 in 2005 $33.84 in 2024

Salt And Other Seasonings And Spices Inflation Calculator

$

Prices for Salt And Other Seasonings And Spices, 2005-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for salt and other seasonings and spices are 69.20% higher in 2024 versus 2005 (a $13.84 difference in value).

Between 2005 and 2024: Salt and other seasonings and spices experienced an average inflation rate of 2.81% per year. This rate of change indicates significant inflation. In other words, salt and other seasonings and spices costing $20 in the year 2005 would cost $33.84 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for salt and other seasonings and spices was higher.

In the year 2005: Pricing changed by 4.30%, which is above the average yearly change for salt and other seasonings and spices during the 2005-2024 time period. Compared to inflation for all items in 2005 (3.39%), inflation for salt and other seasonings and spices was higher.

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%).

View price changes for other categories
Bread · Admission to sporting events · Frankfurters · Food · More

Buying power of $20.00 since 2005

Below are calculations of equivalent buying power for Salt and other seasonings and spices, over time, for $20 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2005$20.004.30%
2006$19.98-0.12%
2007$20.492.58%
2008$21.273.78%
2009$21.802.53%
2010$21.920.54%
2011$23.115.44%
2012$24.485.91%
2013$24.24-0.99%
2014$25.113.61%
2015$26.164.15%
2016$27.053.43%
2017$27.130.29%
2018$27.531.48%
2019$27.650.44%
2020$28.061.48%
2021$28.983.28%
2022$31.769.59%
2023$33.294.82%
2024$33.841.65%*

* 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:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000100.077101.608102.400106.992107.854107.000107.431112.054111.915114.802119.141122.161122.820129.500137.159135.794140.703146.541151.571152.003154.260154.931157.222162.372177.939186.521189.597

Adjust salt and other seasonings and spices prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2005 * 2005 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Salt and other seasonings and spices was 112.054 in the year 2005 and 189.597 in 2024:

189.597 / 112.054 * $20 = $33.84

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2005 has the same "purchasing power" as $33.84 in 2024 (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.

» Read more about inflation and investment.