Frozen and freeze dried prepared foods priced at $20 in 1977 $51.98 in 2020

Frozen And Freeze Dried Prepared Foods Inflation Calculator

$

Prices for Frozen And Freeze Dried Prepared Foods, 1977-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen and freeze dried prepared foods were 159.88% higher in 2020 versus 1977 (a $31.98 difference in value).

Between 1977 and 2020: Frozen and freeze dried prepared foods experienced an average inflation rate of 2.25% per year. This rate of change indicates significant inflation. In other words, frozen and freeze dried prepared foods costing $20 in the year 1977 would cost $51.98 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.42% during this same period, inflation for frozen and freeze dried prepared foods was lower.

Price Inflation for Frozen and freeze dried prepared foods since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (12.78%), 1980 (10.63%), and 1981 (8.34%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Frozen and freeze dried prepared foods:

Year 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 2019 2020
CPI 64.900 68.669 77.446 85.677 92.823 96.046 100.146 103.808 108.123 110.977 116.777 121.431 129.108 131.769 136.677 137.538 137.331 139.538 140.231 143.154 145.562 145.554 146.631 148.531 152.354 152.585 150.562 152.469 153.200 153.738 156.737 163.515 168.090 165.300 167.767 169.812 167.791 168.671 170.879 169.674 167.892 166.835 166.681 168.663

View price changes for other categories
Denver, Colorado · Bananas · Seattle, Washington · Parking fees and tolls · More

Buying power of $20 since 1977

Below are calculations of equivalent buying power for Frozen and freeze dried prepared foods, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1977 $20.00 -
1978 $21.16 5.81%
1979 $23.87 12.78%
1980 $26.40 10.63%
1981 $28.60 8.34%
1982 $29.60 3.47%
1983 $30.86 4.27%
1984 $31.99 3.66%
1985 $33.32 4.16%
1986 $34.20 2.64%
1987 $35.99 5.23%
1988 $37.42 3.99%
1989 $39.79 6.32%
1990 $40.61 2.06%
1991 $42.12 3.72%
1992 $42.38 0.63%
1993 $42.32 -0.15%
1994 $43.00 1.61%
1995 $43.21 0.50%
1996 $44.12 2.08%
1997 $44.86 1.68%
1998 $44.85 -0.01%
1999 $45.19 0.74%
2000 $45.77 1.30%
2001 $46.95 2.57%
2002 $47.02 0.15%
2003 $46.40 -1.33%
2004 $46.99 1.27%
2005 $47.21 0.48%
2006 $47.38 0.35%
2007 $48.30 1.95%
2008 $50.39 4.32%
2009 $51.80 2.80%
2010 $50.94 -1.66%
2011 $51.70 1.49%
2012 $52.33 1.22%
2013 $51.71 -1.19%
2014 $51.98 0.52%
2015 $52.66 1.31%
2016 $52.29 -0.71%
2017 $51.74 -1.05%
2018 $51.41 -0.63%
2019 $51.37 -0.09%
2020 $51.98 1.19%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for frozen and freeze dried prepared foods, 1977-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1977 * 1977 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Frozen and freeze dried prepared foods was 64.900 in the year 1977 and 168.663 in 2020:

168.663 / 64.900 * $20 = $51.98

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $51.98 in 2020 (in the CPI category of Frozen and freeze dried prepared foods).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Frozen and freeze dried prepared foods in 1977. In addition to frozen and freeze dried prepared foods, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.