Cakes, cupcakes, and cookies priced at $20 in 1978 $111.87 in 2024

Cakes, Cupcakes, And Cookies Inflation Calculator

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Prices for Cakes, Cupcakes, And Cookies, 1978-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cakes, cupcakes, and cookies are 459.33% higher in 2024 versus 1978 (a $91.87 difference in value).

Between 1978 and 2024: Cakes, cupcakes, and cookies experienced an average inflation rate of 3.81% per year. This rate of change indicates significant inflation. In other words, cakes, cupcakes, and cookies costing $20 in the year 1978 would cost $111.87 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.46% during this same period, inflation for cakes, cupcakes, and cookies was higher.

Price Inflation for Cakes, cupcakes, and cookies since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (12.38%), 1980 (11.56%), and 1981 (11.51%).

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Buying power of $20.00 since 1978

Below are calculations of equivalent buying power for Cakes, cupcakes, and cookies, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$20.00-
1979$21.969.82%
1980$24.5011.56%
1981$27.3211.51%
1982$28.745.19%
1983$29.883.97%
1984$31.585.68%
1985$33.124.88%
1986$34.082.91%
1987$35.564.35%
1988$37.595.70%
1989$40.437.56%
1990$42.906.10%
1991$45.435.90%
1992$46.782.98%
1993$47.892.37%
1994$49.633.63%
1995$50.832.42%
1996$52.352.99%
1997$53.882.92%
1998$54.471.09%
1999$55.622.11%
2000$56.491.57%
2001$57.732.18%
2002$59.132.42%
2003$60.963.10%
2004$62.051.79%
2005$63.081.65%
2006$64.412.11%
2007$66.673.51%
2008$72.128.19%
2009$75.364.49%
2010$75.660.40%
2011$76.961.71%
2012$80.044.00%
2013$81.471.80%
2014$82.230.93%
2015$83.821.93%
2016$84.661.00%
2017$85.000.40%
2018$86.421.68%
2019$87.551.30%
2020$88.671.27%
2021$90.992.63%
2022$102.2612.38%
2023$111.338.87%
2024$111.870.48%*

* 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 Cakes, cupcakes, and cookies:

Year19781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI66.52373.05481.50090.87795.59299.385105.031110.154113.354118.285125.031134.477142.685151.100155.600159.292165.069169.069174.123179.208181.169185.000187.908192.008196.662202.762206.392209.800214.223221.742239.896250.671251.663255.964266.214270.993273.523278.789281.581282.710287.462291.213294.918302.660340.119370.303372.084

Adjust cakes, cupcakes, and cookies prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1978 * 1978 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Cakes, cupcakes, and cookies was 66.523 in the year 1978 and 372.084 in 2024:

372.084 / 66.523 * $20 = $111.87

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1978 has the same "purchasing power" as $111.87 in 2024 (in the CPI category of Cakes, cupcakes, and cookies).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Cakes, cupcakes, and cookies in 1978. In addition to cakes, cupcakes, and cookies, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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