Cakes, cupcakes, and cookies priced at $20 in 1996 $33.80 in 2020

Cakes, Cupcakes, And Cookies Inflation Calculator

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Prices for Cakes, Cupcakes, And Cookies, 1996-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cakes, cupcakes, and cookies were 69.01% higher in 2020 versus 1996 (a $13.80 difference in value).

Between 1996 and 2020: Cakes, cupcakes, and cookies experienced an average inflation rate of 2.21% per year. This rate of change indicates significant inflation. In other words, cakes, cupcakes, and cookies costing $20 in the year 1996 would cost $33.80 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for cakes, cupcakes, and cookies was higher.

Price Inflation for Cakes, cupcakes, and cookies since 1996

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (8.18%), 2009 (4.50%), and 2012 (4.02%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cakes, cupcakes, and cookies:

Year 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 174.150 179.233 181.158 184.992 187.900 192.025 196.650 202.742 206.367 209.783 214.217 221.710 239.857 250.649 251.664 255.959 266.254 271.051 273.562 278.855 281.639 282.742 287.480 291.223 294.327

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Buying power of $20 since 1996

Below are calculations of equivalent buying power for Cakes, cupcakes, and cookies, over time, for $20 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1996 $20.00 -
1997 $20.58 2.92%
1998 $20.80 1.07%
1999 $21.25 2.12%
2000 $21.58 1.57%
2001 $22.05 2.20%
2002 $22.58 2.41%
2003 $23.28 3.10%
2004 $23.70 1.79%
2005 $24.09 1.66%
2006 $24.60 2.11%
2007 $25.46 3.50%
2008 $27.55 8.18%
2009 $28.79 4.50%
2010 $28.90 0.40%
2011 $29.40 1.71%
2012 $30.58 4.02%
2013 $31.13 1.80%
2014 $31.42 0.93%
2015 $32.02 1.94%
2016 $32.34 1.00%
2017 $32.47 0.39%
2018 $33.02 1.68%
2019 $33.45 1.30%
2020 $33.80 1.07%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for cakes, cupcakes, and cookies, 1996-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1996 * 1996 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Cakes, cupcakes, and cookies was 174.150 in the year 1996 and 294.327 in 2020:

294.327 / 174.150 * $20 = $33.80

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1996 has the same "purchasing power" as $33.80 in 2020 (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 1996. 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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