Peanut butter priced at $20 in 2000 $29.46 in 2018

Historical Price Inflation for Peanut butter

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Prices for Peanut Butter, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for peanut butter were 47.32% higher in 2018 versus 2000 (a $9.46 difference in value).

Between 2000 and 2018: Peanut butter experienced an average inflation rate of 2.18% per year. This rate of change indicates significant inflation. In other words, peanut butter costing $20 in the year 2000 would cost $29.46 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for peanut butter was higher.

In the year 2000: Pricing changed by 3.35%, which is above the average yearly change for peanut butter during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for peanut butter was lower.

Price Inflation for Peanut butter since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2012 (32.39%), 2008 (11.87%), and 2011 (6.30%).

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

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 101.708 103.223 106.685 109.292 110.715 109.654 110.515 110.354 111.023 114.433 128.011 133.189 129.197 137.331 181.815 175.064 167.087 160.607 156.534 155.315 157.170

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Peanut butter, 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 3.35%
2001 $20.49 2.44%
2002 $20.76 1.30%
2003 $20.56 -0.96%
2004 $20.72 0.79%
2005 $20.69 -0.15%
2006 $20.81 0.61%
2007 $21.45 3.07%
2008 $24.00 11.87%
2009 $24.97 4.05%
2010 $24.22 -3.00%
2011 $25.75 6.30%
2012 $34.08 32.39%
2013 $32.82 -3.71%
2014 $31.32 -4.56%
2015 $30.11 -3.88%
2016 $29.35 -2.54%
2017 $29.12 -0.78%
2018 $29.46 1.19%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for peanut butter, 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 Peanut butter was 106.685 in the year 2000 and 157.170 in 2018:

157.170 / 106.685 * $20 = $29.46

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $29.46 in 2018 (in the CPI category of Peanut butter).


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

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