Sugar and sweets priced at $20 in 2018 → $26.78 in 2024

Sugar And Sweets Inflation Calculator

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Prices for Sugar And Sweets, 2018-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sugar and sweets are 33.91% higher in 2024 versus 2018 (a $6.78 difference in value).

Between 2018 and 2024: Sugar and sweets experienced an average inflation rate of 4.99% per year. This rate of change indicates significant inflation. In other words, sugar and sweets costing $20 in the year 2018 would cost $26.78 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation for sugar and sweets was higher.

In the year 2018: Pricing changed by 0.36%, which is significantly below the average yearly change for sugar and sweets during the 2018-2024 time period. Compared to inflation for all items in 2018 (2.44%), inflation for sugar and sweets was lower.

Price Inflation for Sugar and sweets since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1974 (52.23%), 1975 (26.11%), and 1947 (25.07%).
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Buying power of $20.00 since 2018

Below are calculations of equivalent buying power for Sugar and sweets, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2018$20.000.36%
2019$20.412.04%
2020$21.093.34%
2021$21.722.97%
2022$23.9810.41%
2023$26.058.66%
2024$26.782.80%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI11.24611.11511.30010.92311.24610.81511.88514.13814.19214.10014.10016.07720.10819.43819.70820.09220.83821.02321.25421.69222.16921.63122.28523.30023.78523.92323.43823.46225.45426.71526.23825.73126.52327.42328.93830.52331.64632.06234.02351.79265.31557.86960.83168.31573.63890.52397.68597.47799.315103.192105.785109.038111.000114.008119.400124.692129.285133.054133.354135.200137.523143.662147.777150.162152.285153.969155.738158.962162.015163.154165.162171.454176.772186.577196.933201.242207.832214.670210.992209.317216.118215.329215.068215.850220.246227.591234.359258.765281.176289.040

Adjust sugar and sweets prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2018 * 2018 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Sugar and sweets was 215.850 in the year 2018 and 289.040 in 2024:

289.040 / 215.850 * $20 = $26.78

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $26.78 in 2024 (in the CPI category of Sugar and sweets).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Sugar and sweets in 1935. In addition to sugar and sweets, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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