Frozen vegetables priced at $20 in 2000 $25.18 in 2018

Historical Price Inflation for Frozen vegetables

$

Prices for Frozen Vegetables, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen vegetables were 25.91% higher in 2018 versus 2000 (a $5.18 difference in value).

Between 2000 and 2018: Frozen vegetables experienced an average inflation rate of 1.29% per year. In other words, frozen vegetables costing $20 in the year 2000 would cost $25.18 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for frozen vegetables was lower.

In the year 2000: Pricing changed by 2.56%, which is above the average yearly change for frozen vegetables during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for frozen vegetables was lower.

Price Inflation for Frozen vegetables since 1991

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2001 (5.54%), 2008 (5.48%), and 1994 (3.96%).

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

Year 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 129.558 130.908 133.550 138.842 140.758 143.717 148.050 151.208 153.767 157.700 166.442 171.058 172.508 175.775 177.775 179.167 180.775 190.673 197.057 194.149 199.398 207.263 204.466 201.754 202.454 202.797 203.381 198.558

View price changes for other categories
Women's apparel · Frankfurters · Philadelphia, Pennsylvania · Wine at home · More

Buying power of $20 since 2000

Below are calculations of equivalent buying power for Frozen vegetables, 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 2.56%
2001 $21.11 5.54%
2002 $21.69 2.77%
2003 $21.88 0.85%
2004 $22.29 1.89%
2005 $22.55 1.14%
2006 $22.72 0.78%
2007 $22.93 0.90%
2008 $24.18 5.48%
2009 $24.99 3.35%
2010 $24.62 -1.48%
2011 $25.29 2.70%
2012 $26.29 3.94%
2013 $25.93 -1.35%
2014 $25.59 -1.33%
2015 $25.68 0.35%
2016 $25.72 0.17%
2017 $25.79 0.29%
2018 $25.18 -2.37%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for frozen vegetables, 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 Frozen vegetables was 157.700 in the year 2000 and 198.558 in 2018:

198.558 / 157.700 * $20 = $25.18

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $25.18 in 2018 (in the CPI category of Frozen vegetables).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Frozen vegetables in 1991. In addition to frozen vegetables, 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.