Hot dogs priced at $5 in 2000 $7.68 in 2018

Historical Price Inflation for Hot dogs

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Prices for Hot Dogs, 2000-2018 ($5)

According to the U.S. Bureau of Labor Statistics, prices for frankfurters were 53.61% higher in 2018 versus 2000 (a $2.68 difference in value).

Between 2000 and 2018: Hot dogs experienced an average inflation rate of 2.41% per year. This rate of change indicates significant inflation. In other words, hot dogs costing $5 in the year 2000 would cost $7.68 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.11% during this same period, inflation for hot dogs was higher.

In the year 2000: Pricing changed by 2.15%, which is below the average yearly change for hot dogs during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for hot dogs was lower.

Price Inflation for Frankfurters since 1951

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1973 (30.12%), 1978 (24%), and 1979 (17.59%).

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

Year 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 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 33.562 33.054 30.085 28.800 27.600 27.038 29.500 33.677 33.331 32.508 33.031 33.162 33.108 32.838 34.962 38.208 37.615 37.700 40.969 43.708 43.254 46.892 61.015 60.169 62.269 62.769 61.262 75.962 89.323 92.477 96.554 100.569 99.700 99.723 99.885 102.046 109.454 112.700 116.054 129.223 132.862 131.292 132.892 137.738 138.662 142.115 145.277 144.585 145.477 148.600 155.354 157.177 166.231 168.469 169.154 171.592 179.344 185.350 188.824 188.694 201.309 206.830 206.612 215.781 230.354 225.371 227.044 228.262

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Buying power of $5 since 2000

Below are calculations of equivalent buying power for Hot dogs, over time, for $5 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 $5.00 2.15%
2001 $5.23 4.54%
2002 $5.29 1.17%
2003 $5.59 5.76%
2004 $5.67 1.35%
2005 $5.69 0.41%
2006 $5.77 1.44%
2007 $6.03 4.52%
2008 $6.24 3.35%
2009 $6.35 1.87%
2010 $6.35 -0.07%
2011 $6.77 6.69%
2012 $6.96 2.74%
2013 $6.95 -0.11%
2014 $7.26 4.44%
2015 $7.75 6.75%
2016 $7.58 -2.16%
2017 $7.64 0.74%
2018 $7.68 0.54%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for hot dogs, 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 Frankfurters was 148.600 in the year 2000 and 228.262 in 2018:

228.262 / 148.600 * $5 = $7.68

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 2000 has the same "purchasing power" as $7.68 in 2018 (in the CPI category of Frankfurters).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Frankfurters in 1951. In addition to hot dogs, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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