Other sweets priced at $20 in 2000 $29.04 in 2018

Historical Price Inflation for Other sweets

$

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

According to the U.S. Bureau of Labor Statistics, prices for other sweets were 45.22% higher in 2018 versus 2000 (a $9.04 difference in value).

Between 2000 and 2018: Other sweets experienced an average inflation rate of 2.09% per year. This rate of change indicates significant inflation. In other words, other sweets costing $20 in the year 2000 would cost $29.04 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for other sweets was lower.

In the year 2000: Pricing changed by 1.27%, which is below the average yearly change for other sweets during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for other sweets was lower.

Price Inflation for Other sweets since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (7.06%), 2009 (6.01%), and 2012 (3.62%).

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

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 103.215 105.069 106.400 108.469 111.815 115.692 117.292 119.285 122.438 126.206 135.120 143.236 144.280 149.248 154.643 154.114 154.085 153.644 153.204 155.530 154.516

View price changes for other categories
Electricity · Indoor plants and flowers · Jewelry · Philadelphia, Pennsylvania · More

Buying power of $20 since 2000

Below are calculations of equivalent buying power for Other sweets, 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 1.27%
2001 $20.39 1.94%
2002 $21.02 3.08%
2003 $21.75 3.47%
2004 $22.05 1.38%
2005 $22.42 1.70%
2006 $23.01 2.64%
2007 $23.72 3.08%
2008 $25.40 7.06%
2009 $26.92 6.01%
2010 $27.12 0.73%
2011 $28.05 3.44%
2012 $29.07 3.62%
2013 $28.97 -0.34%
2014 $28.96 -0.02%
2015 $28.88 -0.29%
2016 $28.80 -0.29%
2017 $29.23 1.52%
2018 $29.04 -0.65%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other sweets, 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 sweets was 106.400 in the year 2000 and 154.516 in 2018:

154.516 / 106.400 * $20 = $29.04

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $29.04 in 2018 (in the CPI category of Other sweets).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other sweets in 1997. In addition to other sweets, 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.