Ice cream and related products priced at $20 in 2000 $26.83 in 2018

Historical Price Inflation for Ice cream and related products

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Prices for Ice Cream And Related Products, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for ice cream and related products were 34.15% higher in 2018 versus 2000 (a $6.83 difference in value).

Between 2000 and 2018: Ice cream and related products experienced an average inflation rate of 1.65% per year. In other words, ice cream and related products costing $20 in the year 2000 would cost $26.83 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for ice cream and related products was lower.

In the year 2000: Pricing changed by 1.63%, which is below the average yearly change for ice cream and related products during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for ice cream and related products was lower.

Price Inflation for Ice cream and related products since 1990

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2011 (7.23%), 2001 (5.50%), and 1996 (5.15%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Ice cream and related products:

Year 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 126.858 128.467 130.858 131.733 134.808 137.508 144.592 150.575 155.500 161.742 164.375 173.408 179.033 175.467 178.250 177.575 179.233 183.373 192.768 196.637 195.055 209.161 215.524 215.489 215.412 219.201 219.452 219.903 220.513

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Ice cream and related products, 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 1.63%
2001 $21.10 5.50%
2002 $21.78 3.24%
2003 $21.35 -1.99%
2004 $21.69 1.59%
2005 $21.61 -0.38%
2006 $21.81 0.93%
2007 $22.31 2.31%
2008 $23.45 5.12%
2009 $23.93 2.01%
2010 $23.73 -0.80%
2011 $25.45 7.23%
2012 $26.22 3.04%
2013 $26.22 -0.02%
2014 $26.21 -0.04%
2015 $26.67 1.76%
2016 $26.70 0.11%
2017 $26.76 0.21%
2018 $26.83 0.28%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for ice cream and related products, 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 Ice cream and related products was 164.375 in the year 2000 and 220.513 in 2018:

220.513 / 164.375 * $20 = $26.83

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $26.83 in 2018 (in the CPI category of Ice cream and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Ice cream and related products in 1990. In addition to ice cream and related products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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