Sauces and gravies priced at $20 in 2003 $28.62 in 2022

Sauces And Gravies Inflation Calculator

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Prices for Sauces And Gravies, 2003-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies are 43.11% higher in 2022 versus 2003 (a $8.62 difference in value).

Between 2003 and 2022: Sauces and gravies experienced an average inflation rate of 1.90% per year. In other words, sauces and gravies costing $20 in the year 2003 would cost $28.62 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.41% during this same period, inflation for sauces and gravies was lower.

In the year 2003: Pricing changed by 1.74%, which is below the average yearly change for sauces and gravies during the 2003-2022 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: 2022 (9.02%), 2009 (8.22%), and 2008 (4.72%).

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Buying power of $20.00 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:

YearUSD ValueInflation Rate
2003$20.001.74%
2004$19.36-3.20%
2005$19.450.45%
2006$19.671.14%
2007$19.961.49%
2008$20.904.72%
2009$22.628.22%
2010$22.640.07%
2011$23.212.53%
2012$23.551.45%
2013$23.590.16%
2014$23.891.28%
2015$24.472.44%
2016$24.37-0.41%
2017$24.540.71%
2018$24.991.82%
2019$25.050.24%
2020$25.893.34%
2021$26.251.42%
2022$28.629.02%*
* Not final. See inflation summary for latest details.

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

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000102.408104.000104.931108.431109.785111.700108.131108.615109.854111.491116.751126.345126.437129.635131.514131.724133.416136.665136.112137.072139.570139.908144.574146.628159.858

Adjust sauces and gravies prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2003 * 2003 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Sauces and gravies was 111.700 in the year 2003 and 159.858 in 2022:

159.858 / 111.700 * $20 = $28.62

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $28.62 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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