Food away from home priced at $20 in 2000 $32.45 in 2018

Historical Price Inflation for Food away from home

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Prices for Food Away From Home, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for food away from home were 62.27% higher in 2018 versus 2000 (a $12.45 difference in value).

Between 2000 and 2018: Food away from home experienced an average inflation rate of 2.73% per year. This rate of change indicates significant inflation. In other words, food away from home costing $20 in the year 2000 would cost $32.45 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for food away from home was higher.

In the year 2000: Pricing changed by 2.36%, which is below the average yearly change for food away from home during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for food away from home was lower.

Price Inflation for Food away from home since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (4.71%), 1989 (4.63%), and 2008 (4.41%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Food away from home:

Year 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 104.233 108.333 112.533 117.033 121.767 127.400 133.400 137.900 140.700 143.233 145.667 148.967 152.667 157.000 161.067 165.100 169.000 173.867 178.300 182.100 187.500 193.433 199.400 206.659 215.769 223.272 226.114 231.401 237.986 243.068 248.981 256.101 262.695 268.826 274.241

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

Below are calculations of equivalent buying power for Food away from home, 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 2.36%
2001 $20.58 2.88%
2002 $21.10 2.55%
2003 $21.55 2.13%
2004 $22.19 2.97%
2005 $22.89 3.16%
2006 $23.60 3.08%
2007 $24.46 3.64%
2008 $25.53 4.41%
2009 $26.42 3.48%
2010 $26.76 1.27%
2011 $27.38 2.34%
2012 $28.16 2.85%
2013 $28.77 2.14%
2014 $29.47 2.43%
2015 $30.31 2.86%
2016 $31.09 2.57%
2017 $31.81 2.33%
2018 $32.45 2.01%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for food away from home, 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 Food away from home was 169.000 in the year 2000 and 274.241 in 2018:

274.241 / 169.000 * $20 = $32.45

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $32.45 in 2018 (in the CPI category of Food away from home).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Food away from home in 1984. In addition to food away from home, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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