According to the U.S. Bureau of Labor Statistics, prices for sugar and sweets are 323.43% higher in 2024 versus 1978 (a $64.69 difference in value).
Between 1978 and 2024: Sugar and sweets experienced an average inflation rate of 3.19% per year. This rate of change indicates significant inflation. In other words, sugar and sweets costing $20 in the year 1978 would cost $84.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for sugar and sweets was lower.
In the year 1978: Pricing changed by 12.30%, which is significantly above the average yearly change for sugar and sweets during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), inflation for sugar and sweets was much higher.
Below are calculations of equivalent buying power for Sugar and sweets, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1978 | $20.00 | 12.30% |
1979 | $21.56 | 7.79% |
1980 | $26.50 | 22.93% |
1981 | $28.60 | 7.91% |
1982 | $28.54 | -0.21% |
1983 | $29.08 | 1.89% |
1984 | $30.21 | 3.90% |
1985 | $30.97 | 2.51% |
1986 | $31.92 | 3.08% |
1987 | $32.50 | 1.80% |
1988 | $33.38 | 2.71% |
1989 | $34.96 | 4.73% |
1990 | $36.50 | 4.43% |
1991 | $37.85 | 3.68% |
1992 | $38.95 | 2.92% |
1993 | $39.04 | 0.23% |
1994 | $39.58 | 1.38% |
1995 | $40.26 | 1.72% |
1996 | $42.06 | 4.46% |
1997 | $43.26 | 2.86% |
1998 | $43.96 | 1.61% |
1999 | $44.58 | 1.41% |
2000 | $45.08 | 1.11% |
2001 | $45.59 | 1.15% |
2002 | $46.54 | 2.07% |
2003 | $47.43 | 1.92% |
2004 | $47.76 | 0.70% |
2005 | $48.35 | 1.23% |
2006 | $50.19 | 3.81% |
2007 | $51.75 | 3.10% |
2008 | $54.62 | 5.55% |
2009 | $57.65 | 5.55% |
2010 | $58.92 | 2.19% |
2011 | $60.84 | 3.27% |
2012 | $62.85 | 3.29% |
2013 | $61.77 | -1.71% |
2014 | $61.28 | -0.79% |
2015 | $63.27 | 3.25% |
2016 | $63.04 | -0.37% |
2017 | $62.96 | -0.12% |
2018 | $63.19 | 0.36% |
2019 | $64.48 | 2.04% |
2020 | $66.63 | 3.34% |
2021 | $68.61 | 2.97% |
2022 | $75.76 | 10.41% |
2023 | $82.32 | 8.66% |
2024 | $84.69 | 2.88%* |
* 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 sweets:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 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 | 11.246 | 11.115 | 11.300 | 10.923 | 11.246 | 10.815 | 11.885 | 14.138 | 14.192 | 14.100 | 14.100 | 16.077 | 20.108 | 19.438 | 19.708 | 20.092 | 20.838 | 21.023 | 21.254 | 21.692 | 22.169 | 21.631 | 22.285 | 23.300 | 23.785 | 23.923 | 23.438 | 23.462 | 25.454 | 26.715 | 26.238 | 25.731 | 26.523 | 27.423 | 28.938 | 30.523 | 31.646 | 32.062 | 34.023 | 51.792 | 65.315 | 57.869 | 60.831 | 68.315 | 73.638 | 90.523 | 97.685 | 97.477 | 99.315 | 103.192 | 105.785 | 109.038 | 111.000 | 114.008 | 119.400 | 124.692 | 129.285 | 133.054 | 133.354 | 135.200 | 137.523 | 143.662 | 147.777 | 150.162 | 152.285 | 153.969 | 155.738 | 158.962 | 162.015 | 163.154 | 165.162 | 171.454 | 176.772 | 186.577 | 196.933 | 201.242 | 207.832 | 214.670 | 210.992 | 209.317 | 216.118 | 215.329 | 215.068 | 215.850 | 220.246 | 227.591 | 234.359 | 258.765 | 281.176 | 289.268 |