Other condiments priced at $20 in 2000 $30.76 in 2018

Historical Price Inflation for Other condiments

$

Prices for Other Condiments, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other condiments were 53.81% higher in 2018 versus 2000 (a $10.76 difference in value).

Between 2000 and 2018: Other condiments experienced an average inflation rate of 2.42% per year. This rate of change indicates significant inflation. In other words, other condiments costing $20 in the year 2000 would cost $30.76 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for other condiments was higher.

In the year 2000: Pricing changed by 3.02%, which is above the average yearly change for other condiments during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for other condiments was lower.

Price Inflation for Other condiments since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (13.41%), 1981 (9.11%), and 1979 (8.51%).

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

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
CPI 64.600 67.846 73.623 83.492 91.100 97.123 100.469 102.400 106.115 109.192 112.138 114.008 119.715 125.831 132.462 138.062 142.231 144.369 148.285 154.077 160.223 169.954 174.631 179.900 185.338 194.013 202.700 207.608 211.031 219.269 225.943 238.580 241.780 246.588 259.188 268.061 272.412 267.614 273.464 276.430 278.008 276.706

View price changes for other categories
Boston, Massachusetts · New York · Fresh fruits · Houston, Texas · More

Buying power of $20 since 2000

Below are calculations of equivalent buying power for Other condiments, 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 3.02%
2001 $20.60 3.02%
2002 $21.57 4.68%
2003 $22.53 4.48%
2004 $23.08 2.42%
2005 $23.46 1.65%
2006 $24.38 3.90%
2007 $25.12 3.04%
2008 $26.52 5.59%
2009 $26.88 1.34%
2010 $27.41 1.99%
2011 $28.81 5.11%
2012 $29.80 3.42%
2013 $30.28 1.62%
2014 $29.75 -1.76%
2015 $30.40 2.19%
2016 $30.73 1.08%
2017 $30.91 0.57%
2018 $30.76 -0.47%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other condiments, 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 Other condiments was 179.900 in the year 2000 and 276.706 in 2018:

276.706 / 179.900 * $20 = $30.76

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $30.76 in 2018 (in the CPI category of Other condiments).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other condiments in 1977. In addition to other condiments, 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.