According to the U.S. Bureau of Labor Statistics, prices for sugar and sugar substitutes are 84.69% higher in 2024 versus 2003 (a $16.94 difference in value).
Between 2003 and 2024: Sugar and sugar substitutes experienced an average inflation rate of 2.96% per year. This rate of change indicates significant inflation. In other words, sugar and sugar substitutes costing $20 in the year 2003 would cost $36.94 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for sugar and sugar substitutes was higher.
In the year 2003: Pricing changed by 1.76%, which is below the average yearly change for sugar and sugar substitutes during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for sugar and sugar substitutes was lower.
Below are calculations of equivalent buying power for Sugar and sugar substitutes, 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 | 1.76% |
| 2004 | $20.16 | 0.79% |
| 2005 | $20.46 | 1.51% |
| 2006 | $22.50 | 9.95% |
| 2007 | $22.93 | 1.92% |
| 2008 | $23.40 | 2.05% |
| 2009 | $24.46 | 4.56% |
| 2010 | $25.75 | 5.25% |
| 2011 | $27.11 | 5.29% |
| 2012 | $27.61 | 1.85% |
| 2013 | $26.10 | -5.46% |
| 2014 | $24.93 | -4.49% |
| 2015 | $26.06 | 4.52% |
| 2016 | $25.84 | -0.83% |
| 2017 | $25.74 | -0.39% |
| 2018 | $25.68 | -0.24% |
| 2019 | $25.82 | 0.55% |
| 2020 | $27.60 | 6.90% |
| 2021 | $28.74 | 4.11% |
| 2022 | $31.99 | 11.30% |
| 2023 | $35.29 | 10.32% |
| 2024 | $36.94 | 4.68%* |
* 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 Sugar and sugar substitutes:
| Year | 1977 | 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 | 59.600 | 65.485 | 68.823 | 107.323 | 106.862 | 97.108 | 100.608 | 102.285 | 101.754 | 101.815 | 102.562 | 105.562 | 113.777 | 118.438 | 119.931 | 120.392 | 121.715 | 123.862 | 126.808 | 132.585 | 134.800 | 135.577 | 137.200 | 137.123 | 140.262 | 143.215 | 145.738 | 146.885 | 149.100 | 163.931 | 167.072 | 170.491 | 178.269 | 187.621 | 197.554 | 201.211 | 190.218 | 181.686 | 189.906 | 188.325 | 187.596 | 187.142 | 188.177 | 201.155 | 209.418 | 233.076 | 257.123 | 269.165 |