Tomatoes priced at $0.69 in 1953 $7.93 in 2022

Tomatoes Inflation Calculator

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Prices for Tomatoes, 1953-2022 ($0.69)

According to the U.S. Bureau of Labor Statistics, prices for tomatoes are 1,049.35% higher in 2022 versus 1953 (a $7.24 difference in value).

The current national average price is $0.69 for "Tomatoes, canned, any type, all sizes, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.

Between 1953 and 2022: Tomatoes experienced an average inflation rate of 3.60% per year. This rate of change indicates significant inflation. In other words, tomatoes costing $0.69 in the year 1953 would cost $7.93 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.51% during this same period, inflation for tomatoes was higher.

Price Inflation for Tomatoes since 1953

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (18.06%), 1977 (17.94%), and 1981 (15.64%).

Price history

The average price for Tomatoes is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Tomatoes, canned, any type, all sizes, per lb. (453.6 gm):

YearAverage price (Tomatoes)Inflation adjusted price (2022 dollars)
1997$0.68$0.68
1996$0.67$0.73
1995$0.68$0.77

View price changes for other categories
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Buying power of $0.69 since 1953

Below are calculations of equivalent buying power for Tomatoes, over time, for $0.69 beginning in 1953. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1953$0.69-
1954$0.66-4.55%
1955$0.694.08%
1956$0.736.98%
1957$0.73-0.35%
1958$0.798.71%
1959$0.73-7.75%
1960$0.786.77%
1961$0.72-8.33%
1962$0.742.76%
1963$0.808.19%
1964$0.823.15%
1965$0.853.25%
1966$0.871.90%
1967$0.881.14%
1968$1.0014.32%
1969$1.043.88%
1970$1.040.33%
1971$1.1510.67%
1972$1.160.59%
1973$1.192.87%
1974$1.3613.91%
1975$1.435.43%
1976$1.43-0.21%
1977$1.6917.94%
1978$1.63-3.15%
1979$1.8110.98%
1980$1.841.69%
1981$2.1315.64%
1982$2.11-1.19%
1983$2.277.78%
1984$2.384.85%
1985$2.34-1.94%
1986$2.517.42%
1987$2.634.90%
1988$2.775.40%
1989$3.0710.67%
1990$3.6218.06%
1991$3.45-4.80%
1992$3.8712.19%
1993$3.79-2.19%
1994$3.913.25%
1995$4.248.54%
1996$4.475.28%
1997$4.817.76%
1998$5.3911.97%
1999$5.05-6.29%
2000$5.294.71%
2001$5.636.53%
2002$5.660.40%
2003$6.117.99%
2004$6.699.51%
2005$6.730.68%
2006$7.298.19%
2007$6.91-5.20%
2008$7.508.54%
2009$6.85-8.61%
2010$7.286.32%
2011$7.654.99%
2012$6.82-10.86%
2013$7.175.14%
2014$7.342.34%
2015$7.421.17%
2016$7.531.44%
2017$7.32-2.74%
2018$7.563.20%
2019$7.44-1.58%
2020$7.946.76%
2021$7.91-0.38%
2022$7.930.27%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tomatoes:

Year1953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI30.61529.22330.41532.53832.42335.24632.51534.71531.82332.70035.37736.49237.67738.39238.83144.39246.11546.26951.20851.50852.98560.35463.63163.50074.89272.53180.49281.85494.65493.523100.800105.685103.631111.323116.777123.085136.215160.815153.100171.762168.008173.469188.285198.231213.608239.169224.115234.669249.985250.977271.023296.785298.800323.262306.454332.622303.981323.189339.319302.484318.032325.488329.290334.027324.860335.267329.980352.287350.935351.877

Adjust tomatoes prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1953 * 1953 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Tomatoes was 30.615 in the year 1953 and 351.877 in 2022:

351.877 / 30.615 * $0.69 = $7.93

Therefore, according to U.S. Bureau of Labor Statistics, $0.69 in 1953 has the same "purchasing power" as $7.93 in 2022 (in the CPI category of Tomatoes).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Tomatoes in 1953. In addition to tomatoes, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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