Fresh biscuits, rolls, muffins priced at $20 in 2000 $33.19 in 2018

Historical Price Inflation for Fresh biscuits, rolls, muffins

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Prices for Fresh Biscuits, Rolls, Muffins, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh biscuits, rolls, muffins were 65.95% higher in 2018 versus 2000 (a $13.19 difference in value).

Between 2000 and 2018: Fresh biscuits, rolls, muffins experienced an average inflation rate of 2.85% per year. This rate of change indicates significant inflation. In other words, fresh biscuits, rolls, muffins costing $20 in the year 2000 would cost $33.19 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for fresh biscuits, rolls, muffins was higher.

In the year 2000: Pricing changed by 2.10%, which is below the average yearly change for fresh biscuits, rolls, muffins during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for fresh biscuits, rolls, muffins was lower.

Price Inflation for Fresh biscuits, rolls, muffins since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (11.26%), 2011 (6.56%), and 2007 (5.22%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh biscuits, rolls, muffins:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 102.300 105.292 107.500 111.500 114.608 118.069 121.500 124.777 129.692 136.456 151.815 154.895 153.880 163.975 167.770 171.557 171.989 176.086 175.896 175.626 178.401

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Fresh biscuits, rolls, muffins, 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 2.10%
2001 $20.74 3.72%
2002 $21.32 2.79%
2003 $21.97 3.02%
2004 $22.60 2.91%
2005 $23.21 2.70%
2006 $24.13 3.94%
2007 $25.39 5.22%
2008 $28.24 11.26%
2009 $28.82 2.03%
2010 $28.63 -0.66%
2011 $30.51 6.56%
2012 $31.21 2.31%
2013 $31.92 2.26%
2014 $32.00 0.25%
2015 $32.76 2.38%
2016 $32.72 -0.11%
2017 $32.67 -0.15%
2018 $33.19 1.58%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for fresh biscuits, rolls, muffins, 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 Fresh biscuits, rolls, muffins was 107.500 in the year 2000 and 178.401 in 2018:

178.401 / 107.500 * $20 = $33.19

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $33.19 in 2018 (in the CPI category of Fresh biscuits, rolls, muffins).


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

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