Soups priced at $20 in 1977 $83 in 2022

Soups Inflation Calculator

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Prices for Soups, 1977-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for soups are 314.99% higher in 2022 versus 1977 (a $63 difference in value).

Between 1977 and 2022: Soups experienced an average inflation rate of 3.21% per year. This rate of change indicates significant inflation. In other words, soups costing $20 in the year 1977 would cost $83 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.55% during this same period, inflation for soups was lower.

Price Inflation for Soups since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (14.36%), 1980 (9.06%), and 1979 (8.99%).

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Buying power of $20.00 since 1977

Below are calculations of equivalent buying power for Soups, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$20.00-
1978$20.532.67%
1979$22.388.99%
1980$24.419.06%
1981$26.337.87%
1982$27.253.50%
1983$28.193.46%
1984$29.073.11%
1985$30.464.81%
1986$31.212.46%
1987$32.825.15%
1988$34.123.97%
1989$36.075.70%
1990$38.396.43%
1991$40.856.42%
1992$43.285.96%
1993$45.715.60%
1994$47.854.67%
1995$49.353.13%
1996$51.374.11%
1997$53.133.42%
1998$54.041.71%
1999$55.132.00%
2000$55.851.31%
2001$56.811.72%
2002$57.891.89%
2003$58.571.18%
2004$58.50-0.11%
2005$60.573.53%
2006$60.55-0.04%
2007$60.900.59%
2008$64.075.20%
2009$66.113.18%
2010$63.64-3.74%
2011$64.891.96%
2012$66.802.95%
2013$67.290.73%
2014$67.16-0.19%
2015$67.380.32%
2016$68.521.69%
2017$69.491.42%
2018$68.65-1.21%
2019$68.790.21%
2020$71.594.07%
2021$72.581.38%
2022$83.0014.36%*

* 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 Soups:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI71.00072.89279.44686.64693.46296.731100.077103.185108.146110.808116.515121.138128.038136.269145.015153.662162.269169.854175.177182.377188.623191.854195.700198.262201.677205.492207.915207.685215.015214.938216.212227.453234.687225.920230.345237.150238.872238.428239.195243.234246.699243.713244.215254.147257.652294.641

Adjust soups prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1977 * 1977 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Soups was 71.000 in the year 1977 and 294.641 in 2022:

294.641 / 71.000 * $20 = $83

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $83 in 2022 (in the CPI category of Soups).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Soups in 1977. In addition to soups, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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