Other bakery products priced at $20 in 1978 $81.47 in 2020

Other Bakery Products Inflation Calculator

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Prices for Other Bakery Products, 1978-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other bakery products were 307.36% higher in 2020 versus 1978 (a $61.47 difference in value).

Between 1978 and 2020: Other bakery products experienced an average inflation rate of 3.40% per year. This rate of change indicates significant inflation. In other words, other bakery products costing $20 in the year 1978 would cost $81.47 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.34% during this same period, inflation for other bakery products was higher.

Price Inflation for Other bakery products since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.97%), 1979 (10.19%), and 1981 (9.52%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other bakery products:

Year 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 67.731 74.631 82.815 90.700 95.431 99.546 105.023 110.285 114.738 119.108 124.354 133.415 140.900 146.777 151.769 157.800 162.662 168.308 176.531 180.208 184.262 186.677 191.477 199.138 202.992 207.269 211.762 211.438 215.477 220.479 236.523 245.947 247.075 253.076 260.410 263.465 264.819 266.435 265.381 264.884 264.674 269.862 275.910

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Buying power of $20 since 1978

Below are calculations of equivalent buying power for Other bakery products, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1978 $20.00 -
1979 $22.04 10.19%
1980 $24.45 10.97%
1981 $26.78 9.52%
1982 $28.18 5.22%
1983 $29.39 4.31%
1984 $31.01 5.50%
1985 $32.57 5.01%
1986 $33.88 4.04%
1987 $35.17 3.81%
1988 $36.72 4.40%
1989 $39.40 7.29%
1990 $41.61 5.61%
1991 $43.34 4.17%
1992 $44.82 3.40%
1993 $46.60 3.97%
1994 $48.03 3.08%
1995 $49.70 3.47%
1996 $52.13 4.89%
1997 $53.21 2.08%
1998 $54.41 2.25%
1999 $55.12 1.31%
2000 $56.54 2.57%
2001 $58.80 4.00%
2002 $59.94 1.94%
2003 $61.20 2.11%
2004 $62.53 2.17%
2005 $62.43 -0.15%
2006 $63.63 1.91%
2007 $65.10 2.32%
2008 $69.84 7.28%
2009 $72.63 3.98%
2010 $72.96 0.46%
2011 $74.73 2.43%
2012 $76.90 2.90%
2013 $77.80 1.17%
2014 $78.20 0.51%
2015 $78.67 0.61%
2016 $78.36 -0.40%
2017 $78.22 -0.19%
2018 $78.15 -0.08%
2019 $79.69 1.96%
2020 $81.47 2.24%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other bakery products, 1978-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1978 * 1978 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Other bakery products was 67.731 in the year 1978 and 275.910 in 2020:

275.910 / 67.731 * $20 = $81.47

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1978 has the same "purchasing power" as $81.47 in 2020 (in the CPI category of Other bakery products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other bakery products in 1978. In addition to other bakery 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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