Sauces and gravies priced at $20 in 2016 $23.70 in 2022

Sauces And Gravies Inflation Calculator

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Prices for Sauces And Gravies, 2016-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies are 18.51% higher in 2022 versus 2016 (a $3.70 difference in value).

Between 2016 and 2022: Sauces and gravies experienced an average inflation rate of 2.87% per year. This rate of change indicates significant inflation. In other words, sauces and gravies costing $20 in the year 2016 would cost $23.70 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.22% during this same period, inflation for sauces and gravies was lower.

In the year 2016: Pricing changed by -0.41%, which is significantly below the average yearly change for sauces and gravies during the 2016-2022 time period. Compared to inflation for all items in 2016 (1.26%), 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 (10.01%), 2009 (8.22%), and 2008 (4.72%).

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Buying power of $20.00 since 2016

Below are calculations of equivalent buying power for Sauces and gravies, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2016$20.00-0.41%
2017$20.140.71%
2018$20.511.82%
2019$20.560.24%
2020$21.243.34%
2021$21.551.42%
2022$23.7010.01%*

* 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:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000102.408104.000104.931108.431109.785111.700108.131108.615109.854111.491116.751126.345126.437129.635131.514131.724133.416136.665136.112137.072139.570139.908144.574146.628161.304

Adjust sauces and gravies prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2016 * 2016 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Sauces and gravies was 136.112 in the year 2016 and 161.304 in 2022:

161.304 / 136.112 * $20 = $23.70

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $23.70 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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