According to the U.S. Bureau of Labor Statistics, prices for cakes, cupcakes, and cookies were 52.79% higher in 2019 versus 2000 (a $10.56 difference in value).
Between 2000 and 2019: Cakes, cupcakes, and cookies experienced an average inflation rate of 2.26% per year. This rate of change indicates significant inflation. In other words, cakes, cupcakes, and cookies costing $20 in the year 2000 would cost $30.56 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.02% during this same period, inflation for cakes, cupcakes, and cookies was higher.
In the year 2000: Pricing changed by 1.57%, which is below the average yearly change for cakes, cupcakes, and cookies during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for cakes, cupcakes, and cookies was lower.
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 |
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 | 278.830 | 281.614 | 282.729 | 287.462 | 287.088 |
Below are calculations of equivalent buying power for Cakes, cupcakes, and cookies, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $20.00 | 1.57% |
2001 | $20.44 | 2.20% |
2002 | $20.93 | 2.41% |
2003 | $21.58 | 3.10% |
2004 | $21.97 | 1.79% |
2005 | $22.33 | 1.66% |
2006 | $22.80 | 2.11% |
2007 | $23.60 | 3.50% |
2008 | $25.53 | 8.18% |
2009 | $26.68 | 4.50% |
2010 | $26.79 | 0.40% |
2011 | $27.24 | 1.71% |
2012 | $28.34 | 4.02% |
2013 | $28.85 | 1.80% |
2014 | $29.12 | 0.93% |
2015 | $29.68 | 1.93% |
2016 | $29.97 | 1.00% |
2017 | $30.09 | 0.40% |
2018 | $30.60 | 1.67% |
2019 | $30.56 | -0.13%* |