Bread priced at $5 in 1997 $10.31 in 2022

Bread Inflation Calculator

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Prices for Bread, 1997-2022 ($5)

According to the U.S. Bureau of Labor Statistics, prices for bread are 106.27% higher in 2022 versus 1997 (a $5.31 difference in value).

The current national average price is $1.83 for "Bread, French, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.

Between 1997 and 2022: Bread experienced an average inflation rate of 2.94% per year. This rate of change indicates significant inflation. In other words, bread costing $5 in the year 1997 would cost $10.31 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.35% during this same period, inflation for bread was higher.

Price Inflation for Bread since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (14.61%), 2007 (7.44%), and 2022 (6.04%).

Price history

The average price for Bread 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 Bread, French, per lb. (453.6 gm):

Year Average price (Bread) Inflation adjusted price (2022 dollars)
2016 $1.80 $1.80
2015 $1.58 $1.58
2014 $1.58 $1.60
2013 $1.58 $1.60
2012 $1.58 $1.63
2011 $1.58 $1.67
2010 $1.58 $1.77
2009 $1.58 $1.74
2008 $1.58 $1.76
2007 $1.58 $2.01
2006 $1.58 $2.16
2005 $1.58 $2.24
2004 $1.58 $2.33
2003 $1.58 $2.38
2002 $1.58 $2.45
2001 $1.58 $2.51
2000 $1.58 $2.63
1999 $1.58 $2.72
1998 $1.58 $2.79
1997 $1.54 $2.75
1996 $1.50 No data
1995 $1.53 No data
1994 $1.51 No data
1993 $1.25 No data
1992 $1.25 No data
1991 $1.25 No data
1990 $1.17 No data
1989 $1.17 No data
1988 $1.09 No data
1987 $1.07 No data
1986 $1.05 No data
1985 $1.02 No data
1984 $1.01 No data
1983 $0.94 No data
1982 $0.90 No data
1981 $0.85 No data
1980 $0.78 No data

View price changes for other categories
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Buying power of $5.00 since 1997

Below are calculations of equivalent buying power for Bread, over time, for $5 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1997 $5.00 -
1998 $5.06 1.11%
1999 $5.19 2.68%
2000 $5.37 3.42%
2001 $5.63 4.81%
2002 $5.77 2.52%
2003 $5.93 2.73%
2004 $6.06 2.21%
2005 $6.31 4.21%
2006 $6.52 3.29%
2007 $7.00 7.44%
2008 $8.03 14.61%
2009 $8.13 1.26%
2010 $7.99 -1.73%
2011 $8.43 5.58%
2012 $8.67 2.80%
2013 $8.84 1.95%
2014 $8.82 -0.19%
2015 $8.93 1.26%
2016 $8.92 -0.11%
2017 $8.91 -0.09%
2018 $8.97 0.60%
2019 $9.21 2.67%
2020 $9.53 3.55%
2021 $9.73 2.02%
2022 $10.31 6.04%*
* Not final. See inflation summary for latest details.

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

Year 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
CPI 100.000 101.108 103.815 107.362 112.531 115.362 118.515 121.138 126.238 130.392 140.094 160.559 162.576 159.759 168.673 173.391 176.765 176.423 178.654 178.453 178.285 179.352 184.134 190.673 194.519 206.266

Adjust bread prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Bread was 100.000 in the year 1997 and 206.266 in 2022:

206.266 / 100.000 * $5 = $10.31

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1997 has the same "purchasing power" as $10.31 in 2022 (in the CPI category of Bread).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Bread in 1997. In addition to bread, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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