According to the U.S. Bureau of Labor Statistics, prices for spices, seasonings, condiments, sauces are 81.22% higher in 2024 versus 1998 (a $16.24 difference in value).
Between 1998 and 2024: Spices, seasonings, condiments, sauces experienced an average inflation rate of 2.31% per year. This rate of change indicates significant inflation. In other words, spices, seasonings, condiments, sauces costing $20 in the year 1998 would cost $36.24 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for spices, seasonings, condiments, sauces was lower.
In the year 1998: Pricing changed by 2.91%, which is above the average yearly change for spices, seasonings, condiments, sauces during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for spices, seasonings, condiments, sauces was higher.
Below are calculations of equivalent buying power for Spices, seasonings, condiments, sauces, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 2.91% |
| 1999 | $20.36 | 1.80% |
| 2000 | $20.34 | -0.09% |
| 2001 | $21.01 | 3.27% |
| 2002 | $21.38 | 1.77% |
| 2003 | $21.49 | 0.53% |
| 2004 | $21.46 | -0.15% |
| 2005 | $21.77 | 1.46% |
| 2006 | $22.05 | 1.26% |
| 2007 | $22.64 | 2.71% |
| 2008 | $23.70 | 4.67% |
| 2009 | $24.87 | 4.94% |
| 2010 | $24.84 | -0.15% |
| 2011 | $25.48 | 2.57% |
| 2012 | $26.17 | 2.73% |
| 2013 | $26.22 | 0.19% |
| 2014 | $26.60 | 1.47% |
| 2015 | $27.29 | 2.57% |
| 2016 | $27.54 | 0.91% |
| 2017 | $27.75 | 0.78% |
| 2018 | $27.99 | 0.88% |
| 2019 | $28.13 | 0.50% |
| 2020 | $28.88 | 2.66% |
| 2021 | $29.47 | 2.04% |
| 2022 | $32.68 | 10.87% |
| 2023 | $35.25 | 7.86% |
| 2024 | $36.24 | 2.83%* |
* 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 Spices, seasonings, condiments, sauces:
| Year | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 67.385 | 73.285 | 82.262 | 90.408 | 96.962 | 100.408 | 102.646 | 105.923 | 108.823 | 112.877 | 116.138 | 123.038 | 129.738 | 137.015 | 142.992 | 147.262 | 151.100 | 155.538 | 162.515 | 167.785 | 172.662 | 175.762 | 175.608 | 181.354 | 184.562 | 185.531 | 185.262 | 187.969 | 190.331 | 195.492 | 204.631 | 214.731 | 214.412 | 219.932 | 225.929 | 226.352 | 229.676 | 235.575 | 237.721 | 239.568 | 241.669 | 242.889 | 249.360 | 254.455 | 282.112 | 304.290 | 312.904 |