Tomatoes priced at $0.69 in 1983 $2.47 in 2024

Tomatoes Inflation Calculator

$

Prices for Tomatoes, 1983-2024 ($0.69)

According to the U.S. Bureau of Labor Statistics, prices for tomatoes are 257.84% higher in 2024 versus 1983 (a $1.78 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 1983 and 2024: Tomatoes experienced an average inflation rate of 3.16% per year. This rate of change indicates significant inflation. In other words, tomatoes costing $0.69 in the year 1983 would cost $2.47 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for tomatoes was higher.

In the year 1983: Pricing changed by 7.78%, which is significantly above the average yearly change for tomatoes during the 1983-2024 time period. Compared to inflation for all items in 1983 (3.21%), inflation for tomatoes was much 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 (2024 dollars)
1997$0.68$0.68
1996$0.67$0.73
1995$0.68$0.77

View price changes for other categories
Admission to sporting events · Public transportation · Wine at home · New cars · More

Buying power of $0.69 since 1983

Below are calculations of equivalent buying power for Tomatoes, over time, for $0.69 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$0.697.78%
1984$0.724.85%
1985$0.71-1.94%
1986$0.767.42%
1987$0.804.90%
1988$0.845.40%
1989$0.9310.67%
1990$1.1018.06%
1991$1.05-4.80%
1992$1.1812.19%
1993$1.15-2.19%
1994$1.193.25%
1995$1.298.54%
1996$1.365.28%
1997$1.467.76%
1998$1.6411.97%
1999$1.53-6.29%
2000$1.614.71%
2001$1.716.53%
2002$1.720.40%
2003$1.867.99%
2004$2.039.51%
2005$2.050.68%
2006$2.218.19%
2007$2.10-5.20%
2008$2.288.54%
2009$2.08-8.61%
2010$2.216.32%
2011$2.324.99%
2012$2.07-10.86%
2013$2.185.14%
2014$2.232.34%
2015$2.251.17%
2016$2.291.44%
2017$2.22-2.74%
2018$2.293.20%
2019$2.26-1.58%
2020$2.416.76%
2021$2.40-0.38%
2022$2.441.51%
2023$2.42-0.94%
2024$2.472.22%*

* 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 Tomatoes:

Year195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI30.61529.22330.41532.53832.42335.24632.51534.71531.82332.70035.37736.49237.67738.39238.83144.39246.11546.26951.20851.50852.98560.35463.63163.50074.89272.53180.49281.85494.65493.523100.800105.685103.631111.323116.777123.085136.215160.815153.100171.762168.008173.469188.285198.231213.608239.169224.115234.669249.985250.977271.023296.785298.800323.262306.454332.622303.981323.189339.319302.484318.032325.488329.290334.027324.860335.267329.980352.287350.935356.219352.878360.698

Adjust tomatoes prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1983 * 1983 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Tomatoes was 100.800 in the year 1983 and 360.698 in 2024:

360.698 / 100.800 * $0.69 = $2.47

Therefore, according to U.S. Bureau of Labor Statistics, $0.69 in 1983 has the same "purchasing power" as $2.47 in 2024 (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.

» Read more about inflation and investment.