Food away from home priced at $20 in 1953 $305.02 in 2022

Food Away From Home Inflation Calculator

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Prices for Food Away From Home, 1953-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for food away from home are 1,425.10% higher in 2022 versus 1953 (a $285.02 difference in value).

Between 1953 and 2022: Food away from home experienced an average inflation rate of 4.03% per year. This rate of change indicates significant inflation. In other words, food away from home costing $20 in the year 1953 would cost $305.02 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.52% during this same period, inflation for food away from home was higher.

Price Inflation for Food away from home since 1953

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1974 (12.75%), 1979 (11.19%), and 1980 (9.93%).

View price changes for other categories
Frankfurters · Rent of primary residence · Indoor plants and flowers · Fish and seafood · More

Buying power of $20.00 since 1953

Below are calculations of equivalent buying power for Food away from home, over time, for $20 beginning in 1953. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1953$20.00-
1954$20.341.70%
1955$20.571.14%
1956$20.951.84%
1957$21.753.80%
1958$22.402.99%
1959$23.032.80%
1960$23.632.62%
1961$24.152.19%
1962$24.802.69%
1963$25.372.31%
1964$25.801.71%
1965$26.362.16%
1966$27.594.64%
1967$29.025.22%
1968$30.525.15%
1969$32.386.09%
1970$34.817.51%
1971$36.605.16%
1972$38.063.98%
1973$41.047.85%
1974$46.2812.75%
1975$50.619.37%
1976$54.026.74%
1977$58.127.58%
1978$63.419.11%
1979$70.5111.19%
1980$77.529.93%
1981$84.468.96%
1982$88.985.35%
1983$92.864.37%
1984$96.794.23%
1985$100.613.95%
1986$104.543.91%
1987$108.703.98%
1988$113.104.04%
1989$118.324.62%
1990$123.904.72%
1991$128.093.38%
1992$130.672.02%
1993$133.031.80%
1994$135.281.69%
1995$138.352.27%
1996$141.792.48%
1997$145.832.85%
1998$149.602.58%
1999$153.342.50%
2000$156.952.35%
2001$161.472.88%
2002$165.602.55%
2003$169.132.14%
2004$174.162.97%
2005$179.643.15%
2006$185.193.08%
2007$191.943.65%
2008$200.404.41%
2009$207.373.48%
2010$210.011.27%
2011$214.922.34%
2012$221.042.85%
2013$225.762.14%
2014$231.252.43%
2015$237.862.86%
2016$243.992.58%
2017$249.682.33%
2018$256.252.63%
2019$264.163.09%
2020$273.013.35%
2021$285.414.54%
2022$305.026.87%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


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

Year1953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI21.53321.90022.15022.55823.41724.11724.79225.44226.00026.70027.31727.78328.38329.70031.25032.85834.85837.47539.40840.97544.19249.82554.49258.16762.57568.27575.91783.45890.93395.80099.983104.208108.325112.558117.033121.767127.392133.400137.908140.692143.225145.650148.958152.658157.008161.067165.100168.983173.850178.292182.100187.508193.417199.383206.659215.769223.272226.113231.401237.986243.069248.981256.101262.695268.826275.893284.410293.944307.296328.404

Adjust food away from home prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1953 * 1953 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Food away from home was 21.533 in the year 1953 and 328.404 in 2022:

328.404 / 21.533 * $20 = $305.02

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1953 has the same "purchasing power" as $305.02 in 2022 (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 1953. 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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