Sauces and gravies priced at $20 in 2003 $26.06 in 2021

Sauces And Gravies Inflation Calculator

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Prices for Sauces And Gravies, 2003-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies were 30.31% higher in 2021 versus 2003 (a $6.06 difference in value).

Between 2003 and 2021: Sauces and gravies experienced an average inflation rate of 1.48% per year. In other words, sauces and gravies costing $20 in the year 2003 would cost $26.06 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.07% during this same period, inflation for sauces and gravies was lower.

In the year 2003: Pricing changed by 1.74%, which is above the average yearly change for sauces and gravies during the 2003-2021 time period. Compared to inflation for all items in 2003 (2.27%), 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%), 2008 (4.72%), and 2001 (3.34%).

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
CPI 100.000 102.408 104.000 104.931 108.431 109.785 111.700 108.131 108.615 109.854 111.491 116.751 126.345 126.437 129.635 131.514 131.724 133.416 136.665 136.112 137.072 139.570 139.908 144.574 145.555

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Buying power of $20 since 2003

Below are calculations of equivalent buying power for Sauces and gravies, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2003 $20.00 1.74%
2004 $19.36 -3.20%
2005 $19.45 0.45%
2006 $19.67 1.14%
2007 $19.96 1.49%
2008 $20.90 4.72%
2009 $22.62 8.22%
2010 $22.64 0.07%
2011 $23.21 2.53%
2012 $23.55 1.45%
2013 $23.59 0.16%
2014 $23.89 1.28%
2015 $24.47 2.44%
2016 $24.37 -0.41%
2017 $24.54 0.71%
2018 $24.99 1.82%
2019 $25.05 0.24%
2020 $25.89 3.34%
2021 $26.06 0.68%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for sauces and gravies, 2003-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2003 * 2003 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Sauces and gravies was 111.700 in the year 2003 and 145.555 in 2021:

145.555 / 111.700 * $20 = $26.06

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $26.06 in 2021 (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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