According to the U.S. Bureau of Labor Statistics, prices for rice were 62.77% higher in 2018 versus 2000 (a $12.55 difference in value).
Between 2000 and 2018: Rice experienced an average inflation rate of 2.74% per year. This rate of change indicates significant inflation. In other words, rice costing $20 in the year 2000 would cost $32.55 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for rice was higher.
In the year 2000: Pricing changed by -1.59%, which is significantly below the average yearly change for rice during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for rice was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Rice:
| 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 | 99.354 | 100.892 | 99.285 | 98.200 | 98.254 | 100.777 | 108.000 | 108.762 | 114.892 | 120.066 | 152.842 | 160.992 | 156.909 | 163.927 | 167.327 | 170.212 | 170.678 | 167.202 | 163.080 | 160.028 | 161.602 |
Below are calculations of equivalent buying power for Rice, 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 | -1.59% |
| 2001 | $19.78 | -1.09% |
| 2002 | $19.79 | 0.05% |
| 2003 | $20.30 | 2.57% |
| 2004 | $21.76 | 7.17% |
| 2005 | $21.91 | 0.71% |
| 2006 | $23.14 | 5.64% |
| 2007 | $24.19 | 4.50% |
| 2008 | $30.79 | 27.30% |
| 2009 | $32.43 | 5.33% |
| 2010 | $31.61 | -2.54% |
| 2011 | $33.02 | 4.47% |
| 2012 | $33.71 | 2.07% |
| 2013 | $34.29 | 1.72% |
| 2014 | $34.38 | 0.27% |
| 2015 | $33.68 | -2.04% |
| 2016 | $32.85 | -2.47% |
| 2017 | $32.24 | -1.87% |
| 2018 | $32.55 | 0.98%* |