Potatoes priced at $20 in 2000 $34.91 in 2018

Historical Price Inflation for Potatoes

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Prices for Potatoes, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for potatoes were 74.54% higher in 2018 versus 2000 (a $14.91 difference in value).

Between 2000 and 2018: Potatoes experienced an average inflation rate of 3.14% per year. This rate of change indicates significant inflation. In other words, potatoes costing $20 in the year 2000 would cost $34.91 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for potatoes was higher.

In the year 2000: Pricing changed by 1.68%, which is below the average yearly change for potatoes during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for potatoes was lower.

Price Inflation for Potatoes since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1952 (49.64%), 1973 (48.51%), and 1942 (46.57%).

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

Year 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 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 9.215 8.869 8.754 12.831 17.415 17.708 18.831 18.054 19.408 21.546 20.992 17.623 19.323 28.915 21.131 20.485 22.138 26.392 22.269 24.431 24.608 28.008 24.738 24.931 25.723 31.615 39.115 31.285 31.292 32.100 34.423 38.008 36.700 39.592 58.800 71.800 57.685 62.608 63.800 66.269 63.592 80.969 109.508 92.708 91.300 115.992 101.546 96.138 116.038 119.131 153.500 162.592 144.554 141.492 154.577 174.285 174.654 180.569 174.192 185.154 193.100 196.338 202.331 238.477 228.077 231.077 247.708 273.131 280.432 324.624 318.491 301.971 338.469 320.445 322.525 330.050 326.901 333.003 338.832 342.685

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Potatoes, 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 1.68%
2001 $20.61 3.05%
2002 $24.29 17.86%
2003 $23.23 -4.36%
2004 $23.54 1.32%
2005 $25.23 7.20%
2006 $27.82 10.26%
2007 $28.57 2.67%
2008 $33.07 15.76%
2009 $32.44 -1.89%
2010 $30.76 -5.19%
2011 $34.48 12.09%
2012 $32.64 -5.33%
2013 $32.85 0.65%
2014 $33.62 2.33%
2015 $33.30 -0.95%
2016 $33.92 1.87%
2017 $34.52 1.75%
2018 $34.91 1.14%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for potatoes, 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 Potatoes was 196.338 in the year 2000 and 342.685 in 2018:

342.685 / 196.338 * $20 = $34.91

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $34.91 in 2018 (in the CPI category of Potatoes).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Potatoes in 1939. In addition to potatoes, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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