Sauces and gravies priced at $20 in 1997 $31.46 in 2022

Sauces And Gravies Inflation Calculator

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Prices for Sauces And Gravies, 1997-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies are 57.32% higher in 2022 versus 1997 (a $11.46 difference in value).

Between 1997 and 2022: Sauces and gravies experienced an average inflation rate of 1.83% per year. In other words, sauces and gravies costing $20 in the year 1997 would cost $31.46 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.35% during this same period, inflation for sauces and gravies was lower.

Price Inflation for Sauces and gravies since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2009 (8.22%), 2022 (7.29%), and 2008 (4.72%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Sauces and gravies, 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 $20.48 2.41%
1999 $20.80 1.55%
2000 $20.99 0.89%
2001 $21.69 3.34%
2002 $21.96 1.25%
2003 $22.34 1.74%
2004 $21.63 -3.20%
2005 $21.72 0.45%
2006 $21.97 1.14%
2007 $22.30 1.49%
2008 $23.35 4.72%
2009 $25.27 8.22%
2010 $25.29 0.07%
2011 $25.93 2.53%
2012 $26.30 1.45%
2013 $26.34 0.16%
2014 $26.68 1.28%
2015 $27.33 2.44%
2016 $27.22 -0.41%
2017 $27.41 0.71%
2018 $27.91 1.82%
2019 $27.98 0.24%
2020 $28.91 3.34%
2021 $29.33 1.42%
2022 $31.46 7.29%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Sauces and gravies:

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
CPI 100.000 102.408 104.000 104.931 108.431 109.785 111.700 108.131 108.615 109.854 111.491 116.751 126.345 126.437 129.635 131.514 131.724 133.416 136.665 136.112 137.072 139.570 139.908 144.574 146.628 157.318

Adjust sauces and gravies prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Sauces and gravies was 100.000 in the year 1997 and 157.318 in 2022:

157.318 / 100.000 * $20 = $31.46

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $31.46 in 2022 (in the CPI category of Sauces and gravies).


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

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