Lunchmeats priced at $20 in 2000 $27.98 in 2018

Historical Price Inflation for Lunchmeats

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Prices for Lunchmeats, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for lunchmeats were 39.90% higher in 2018 versus 2000 (a $7.98 difference in value).

Between 2000 and 2018: Lunchmeats experienced an average inflation rate of 1.88% per year. In other words, lunchmeats costing $20 in the year 2000 would cost $27.98 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for lunchmeats was lower.

In the year 2000: Pricing changed by 1.98%, which is above the average yearly change for lunchmeats during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for lunchmeats was lower.

Price Inflation for Lunchmeats since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2011 (4.62%), 2004 (4.51%), and 2014 (3.86%).

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

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 99.677 100.392 102.385 105.369 108.115 109.554 114.500 117.085 118.723 120.260 124.530 128.500 128.396 134.327 136.098 136.643 141.919 147.288 147.090 144.882 143.236

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Lunchmeats, 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 1.98%
2001 $20.58 2.92%
2002 $21.12 2.61%
2003 $21.40 1.33%
2004 $22.37 4.51%
2005 $22.87 2.26%
2006 $23.19 1.40%
2007 $23.49 1.29%
2008 $24.33 3.55%
2009 $25.10 3.19%
2010 $25.08 -0.08%
2011 $26.24 4.62%
2012 $26.59 1.32%
2013 $26.69 0.40%
2014 $27.72 3.86%
2015 $28.77 3.78%
2016 $28.73 -0.13%
2017 $28.30 -1.50%
2018 $27.98 -1.14%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for lunchmeats, 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 Lunchmeats was 102.385 in the year 2000 and 143.236 in 2018:

143.236 / 102.385 * $20 = $27.98

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $27.98 in 2018 (in the CPI category of Lunchmeats).


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

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