Sauces and gravies price inflation, 2001→2024

Sauces And Gravies Inflation Calculator

Prices for Sauces And Gravies, 2001-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies are 71.67% higher in 2024 versus 2001 (a $14.33 difference in value).

Between 2001 and 2024: Sauces and gravies experienced an average inflation rate of 2.38% per year. This rate of change indicates significant inflation. In other words, sauces and gravies costing $20 in the year 2001 would cost $34.33 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for sauces and gravies was lower.

In the year 2001: Pricing changed by 3.34%, which is above the average yearly change for sauces and gravies during the 2001-2024 time period. Compared to inflation for all items in 2001 (2.83%), inflation for sauces and gravies was higher.

Price Inflation for Sauces and gravies since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2022 (12.21%), 2023 (9.91%), and 2009 (8.22%).

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Buying power of $20.00 since 2001

Below are calculations of equivalent buying power for Sauces and gravies, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2001	$20.00	3.34%
2002	$20.25	1.25%
2003	$20.60	1.74%
2004	$19.94	-3.20%
2005	$20.03	0.45%
2006	$20.26	1.14%
2007	$20.56	1.49%
2008	$21.53	4.72%
2009	$23.30	8.22%
2010	$23.32	0.07%
2011	$23.91	2.53%
2012	$24.26	1.45%
2013	$24.30	0.16%
2014	$24.61	1.28%
2015	$25.21	2.44%
2016	$25.11	-0.41%
2017	$25.28	0.71%
2018	$25.74	1.82%
2019	$25.81	0.24%
2020	$26.67	3.34%
2021	$27.05	1.42%
2022	$30.35	12.21%
2023	$33.35	9.91%
2024	$34.33	2.93%*

* 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 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	2023	2024
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	164.531	180.834	186.139

Adjust sauces and gravies prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2001 * 2001 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Sauces and gravies was 108.431 in the year 2001 and 186.139 in 2024:

186.139 / 108.431 * $20 = $34.33

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $34.33 in 2024 (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.