According to the U.S. Bureau of Labor Statistics, prices for ice cream and related products were 19.35% higher in 2024 versus 2020 (a $3.87 difference in value).
Between 2020 and 2024, Ice cream and related products experienced an average inflation rate of 4.52% per year. This rate of change indicates significant inflation. In other words, ice cream and related products costing $20 in the year 2020 would cost $23.87 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.93% during this same period, inflation for ice cream and related products was lower.
In the year 2020: Pricing changed by 3.88%, which is below the average yearly change for ice cream and related products during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for ice cream and related products was higher.
The official rate is based on an average household's spending, so your own inflation rate is probably different. The personal inflation calculator works it out from your budget.
Below are calculations of equivalent buying power for Ice cream and related products, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $20.00 | 3.88% |
| 2021 | $20.15 | 0.76% |
| 2022 | $22.15 | 9.94% |
| 2023 | $23.80 | 7.44% |
| 2024 | $23.87 | 0.28% |
| 2025 | $23.86 | -0.06% |
| 2026 | $23.92 | 0.28%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Ice cream and related products:
| 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 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 65.100 | 68.175 | 76.150 | 86.433 | 95.908 | 97.875 | 99.733 | 102.383 | 105.758 | 107.425 | 111.075 | 113.292 | 118.817 | 126.842 | 128.458 | 130.867 | 131.742 | 134.808 | 137.508 | 144.592 | 150.575 | 155.500 | 161.725 | 164.350 | 173.392 | 179.050 | 175.508 | 178.267 | 177.625 | 179.250 | 183.382 | 192.776 | 196.622 | 195.014 | 209.083 | 215.475 | 215.461 | 215.396 | 219.194 | 219.431 | 219.891 | 220.552 | 221.833 | 230.444 | 232.186 | 255.272 | 274.272 | 275.044 | 274.873 | 275.648 |