Canned vegetables priced at $20 in 2000 $31.29 in 2018

Historical Price Inflation for Canned vegetables

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Prices for Canned Vegetables, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for canned vegetables were 56.47% higher in 2018 versus 2000 (a $11.29 difference in value).

Between 2000 and 2018: Canned vegetables experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, canned vegetables costing $20 in the year 2000 would cost $31.29 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for canned vegetables was higher.

In the year 2000: Pricing changed by 0.81%, which is below the average yearly change for canned vegetables during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for canned vegetables was lower.

Price Inflation for Canned vegetables since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (13.50%), 2009 (10.50%), and 2002 (4.46%).

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

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 103.754 105.923 106.777 110.831 115.777 115.792 116.969 122.115 125.869 129.530 147.013 162.448 160.223 162.958 168.149 168.652 171.924 170.942 169.540 164.587 167.073

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Canned vegetables, 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 0.81%
2001 $20.76 3.80%
2002 $21.69 4.46%
2003 $21.69 0.01%
2004 $21.91 1.02%
2005 $22.87 4.40%
2006 $23.58 3.07%
2007 $24.26 2.91%
2008 $27.54 13.50%
2009 $30.43 10.50%
2010 $30.01 -1.37%
2011 $30.52 1.71%
2012 $31.50 3.19%
2013 $31.59 0.30%
2014 $32.20 1.94%
2015 $32.02 -0.57%
2016 $31.76 -0.82%
2017 $30.83 -2.92%
2018 $31.29 1.51%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for canned vegetables, 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 Canned vegetables was 106.777 in the year 2000 and 167.073 in 2018:

167.073 / 106.777 * $20 = $31.29

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $31.29 in 2018 (in the CPI category of Canned vegetables).


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

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