Candy and chewing gum priced at $20 in 2000 $28.04 in 2018

Historical Price Inflation for Candy and chewing gum

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Prices for Candy And Chewing Gum, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for candy and chewing gum were 40.21% higher in 2018 versus 2000 (a $8.04 difference in value).

Between 2000 and 2018: Candy and chewing gum experienced an average inflation rate of 1.90% per year. In other words, candy and chewing gum costing $20 in the year 2000 would cost $28.04 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for candy and chewing gum was lower.

In the year 2000: Pricing changed by 1.44%, which is below the average yearly change for candy and chewing gum during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for candy and chewing gum was lower.

Price Inflation for Candy and chewing gum since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (6.11%), 2009 (5.68%), and 2015 (4.05%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Candy and chewing gum:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 100.954 102.315 103.785 104.308 106.223 107.838 108.362 109.462 112.200 116.075 123.163 130.161 132.467 135.965 140.907 139.555 139.692 145.352 145.080 144.297 145.514

View price changes for other categories
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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Candy and chewing gum, 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 1.44%
2001 $20.10 0.50%
2002 $20.47 1.84%
2003 $20.78 1.52%
2004 $20.88 0.49%
2005 $21.09 1.02%
2006 $21.62 2.50%
2007 $22.37 3.45%
2008 $23.73 6.11%
2009 $25.08 5.68%
2010 $25.53 1.77%
2011 $26.20 2.64%
2012 $27.15 3.63%
2013 $26.89 -0.96%
2014 $26.92 0.10%
2015 $28.01 4.05%
2016 $27.96 -0.19%
2017 $27.81 -0.54%
2018 $28.04 0.84%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for candy and chewing gum, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Candy and chewing gum was 103.785 in the year 2000 and 145.514 in 2018:

145.514 / 103.785 * $20 = $28.04

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $28.04 in 2018 (in the CPI category of Candy and chewing gum).


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

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