According to the U.S. Bureau of Labor Statistics, prices for salt and other seasonings and spices are 23.25% higher in 2023 versus 2016 (a $4.65 difference in value).
Between 2016 and 2023: Salt and other seasonings and spices experienced an average inflation rate of 3.03% per year. This rate of change indicates significant inflation. In other words, salt and other seasonings and spices costing $20 in the year 2016 would cost $24.65 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.45% during this same period, inflation for salt and other seasonings and spices was lower.
In the year 2016: Pricing changed by 3.43%, which is above the average yearly change for salt and other seasonings and spices during the 2016-2023 time period. Compared to inflation for all items in 2016 (1.26%), inflation for salt and other seasonings and spices was higher.
Below are calculations of equivalent buying power for Salt and other seasonings and spices, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $20.00 | 3.43% |
| 2017 | $20.06 | 0.29% |
| 2018 | $20.35 | 1.48% |
| 2019 | $20.44 | 0.44% |
| 2020 | $20.75 | 1.48% |
| 2021 | $21.43 | 3.28% |
| 2022 | $23.48 | 9.59% |
| 2023 | $24.65 | 4.98%* |
* 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:
| 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 | 2022 | 2023 |
| 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 | 162.372 | 177.939 | 186.805 |