Other bakery products priced at $20 in 1984 $52.44 in 2020

Other Bakery Products Inflation Calculator

$

Prices for Other Bakery Products, 1984-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other bakery products were 162.19% higher in 2020 versus 1984 (a $32.44 difference in value).

Between 1984 and 2020: Other bakery products experienced an average inflation rate of 2.71% per year. This rate of change indicates significant inflation. In other words, other bakery products costing $20 in the year 1984 would cost $52.44 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for other bakery products was higher.

Price Inflation for Other bakery products since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1989 (7.29%), 2008 (7.27%), and 1990 (5.60%).

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

Year 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 105.008 110.300 114.742 119.117 124.350 133.417 140.892 146.767 151.783 157.783 162.658 168.317 176.533 180.200 184.250 186.683 191.508 199.158 202.983 207.267 211.767 211.475 215.508 220.513 236.552 245.943 247.051 253.082 260.403 263.458 264.818 266.437 265.386 264.882 264.681 269.864 275.319

View price changes for other categories
Bananas · Food · New York · San Diego, California · More

Buying power of $20 since 1984

Below are calculations of equivalent buying power for Other bakery products, over time, for $20 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1984 $20.00 -
1985 $21.01 5.04%
1986 $21.85 4.03%
1987 $22.69 3.81%
1988 $23.68 4.39%
1989 $25.41 7.29%
1990 $26.83 5.60%
1991 $27.95 4.17%
1992 $28.91 3.42%
1993 $30.05 3.95%
1994 $30.98 3.09%
1995 $32.06 3.48%
1996 $33.62 4.88%
1997 $34.32 2.08%
1998 $35.09 2.25%
1999 $35.56 1.32%
2000 $36.47 2.58%
2001 $37.93 3.99%
2002 $38.66 1.92%
2003 $39.48 2.11%
2004 $40.33 2.17%
2005 $40.28 -0.14%
2006 $41.05 1.91%
2007 $42.00 2.32%
2008 $45.05 7.27%
2009 $46.84 3.97%
2010 $47.05 0.45%
2011 $48.20 2.44%
2012 $49.60 2.89%
2013 $50.18 1.17%
2014 $50.44 0.52%
2015 $50.75 0.61%
2016 $50.55 -0.39%
2017 $50.45 -0.19%
2018 $50.41 -0.08%
2019 $51.40 1.96%
2020 $52.44 2.02%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other bakery products, 1984-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1984 * 1984 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Other bakery products was 105.008 in the year 1984 and 275.319 in 2020:

275.319 / 105.008 * $20 = $52.44

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1984 has the same "purchasing power" as $52.44 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 1984. 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.

» Read more about inflation and investment.