Food priced at $20 in 1913 $599.30 in 2022

Food Inflation Calculator

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Prices for Food, 1913-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for food are 2,896.52% higher in 2022 versus 1913 (a $579.30 difference in value).

Between 1913 and 2022: Food experienced an average inflation rate of 3.17% per year. This rate of change indicates significant inflation. In other words, food costing $20 in the year 1913 would cost $599.30 in 2022 for an equivalent purchase.

Price Inflation for Food since 1913

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1917 (28.65%), 1921 (-24.20%), and 1947 (21.43%).

View price changes for other categories
Fresh fruits · Bananas · Bread · Houston, Texas · More

Buying power of $20.00 since 1913

Below are calculations of equivalent buying power for Food, over time, for $20 beginning in 1913. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1913$20.00-
1914$20.472.33%
1915$20.26-0.98%
1916$22.7312.17%
1917$29.2428.65%
1918$33.6615.11%
1919$37.4411.24%
1920$42.2812.92%
1921$32.05-24.20%
1922$30.02-6.34%
1923$31.013.31%
1924$30.70-1.00%
1925$33.268.33%
1926$34.363.31%
1927$33.12-3.61%
1928$32.74-1.12%
1929$33.161.28%
1930$31.53-4.91%
1931$26.00-17.55%
1932$21.61-16.88%
1933$20.99-2.87%
1934$23.4011.45%
1935$25.107.29%
1936$25.330.93%
1937$26.374.10%
1938$24.47-7.23%
1939$23.83-2.60%
1940$24.161.37%
1941$26.369.11%
1942$31.0117.65%
1943$34.4711.15%
1944$34.02-1.30%
1945$34.792.28%
1946$39.9414.80%
1947$48.5021.43%
1948$52.578.41%
1949$50.51-3.92%
1950$51.181.32%
1951$56.8811.15%
1952$57.891.77%
1953$56.98-1.58%
1954$56.91-0.11%
1955$56.06-1.50%
1956$56.480.75%
1957$58.293.21%
1958$60.814.31%
1959$59.78-1.68%
1960$60.501.19%
1961$61.191.15%
1962$61.740.89%
1963$62.621.43%
1964$63.441.31%
1965$64.852.22%
1966$68.145.07%
1967$68.650.75%
1968$71.133.61%
1969$74.795.14%
1970$79.015.64%
1971$81.332.94%
1972$84.844.31%
1973$97.1014.46%
1974$111.0914.40%
1975$120.518.49%
1976$124.223.07%
1977$132.056.30%
1978$145.229.98%
1979$161.0710.91%
1980$174.908.59%
1981$188.577.82%
1982$196.224.05%
1983$200.362.11%
1984$208.063.85%
1985$212.782.27%
1986$219.583.20%
1987$228.734.17%
1988$238.194.13%
1989$252.095.84%
1990$266.795.83%
1991$274.622.93%
1992$277.921.20%
1993$283.912.15%
1994$290.792.42%
1995$299.132.87%
1996$308.953.28%
1997$316.992.60%
1998$323.862.17%
1999$330.742.13%
2000$338.232.26%
2001$348.853.14%
2002$355.161.81%
2003$362.742.13%
2004$375.243.44%
2005$384.402.44%
2006$393.382.34%
2007$408.983.97%
2008$431.535.51%
2009$439.291.80%
2010$442.660.77%
2011$459.223.74%
2012$471.182.61%
2013$477.751.39%
2014$489.212.40%
2015$498.301.86%
2016$499.710.28%
2017$504.010.86%
2018$511.051.40%
2019$520.641.88%
2020$538.583.45%
2021$559.823.94%
2022$599.307.05%*
* Not final. See inflation summary for latest details.

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

Year19131914191519161917191819191920192119221923192419251926192719281929193019311932193319341935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI9.92310.15410.05411.27714.50816.70018.57720.97715.90014.89215.38515.23116.50017.04616.43116.24616.45415.64612.90010.72310.41511.60812.45412.56913.08512.13811.82311.98513.07715.38517.10016.87717.26219.81524.06226.08525.06225.39228.22328.72328.26928.23827.81528.02328.92330.16929.66230.01530.36230.63131.06931.47732.17733.80834.06235.29237.10839.20040.35442.09248.17755.11559.79261.63165.51572.05479.91586.77793.56297.35499.408103.231105.569108.946113.485118.177125.077132.369136.254137.892140.862144.277148.415153.285157.277160.685164.100167.815173.085176.215179.977186.177190.723195.177202.916214.106217.955219.625227.842233.777237.037242.725247.235247.931250.065253.558258.316267.219277.756297.347

Adjust food prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1913 * 1913 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Food was 9.923 in the year 1913 and 297.347 in 2022:

297.347 / 9.923 * $20 = $599.30

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1913 has the same "purchasing power" as $599.30 in 2022 (in the CPI category of Food).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Food in 1913. In addition to food, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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