Spices, seasonings, condiments, sauces priced at $20 in 2000 $27.50 in 2018

Historical Price Inflation for Spices, seasonings, condiments, sauces

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Prices for Spices, Seasonings, Condiments, Sauces, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for spices, seasonings, condiments, sauces were 37.52% higher in 2018 versus 2000 (a $7.50 difference in value).

Between 2000 and 2018: Spices, seasonings, condiments, sauces experienced an average inflation rate of 1.79% per year. In other words, spices, seasonings, condiments, sauces costing $20 in the year 2000 would cost $27.50 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for spices, seasonings, condiments, sauces was lower.

In the year 2000: Pricing changed by -0.08%, which is below the average yearly change for spices, seasonings, condiments, sauces during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for spices, seasonings, condiments, sauces was much lower.

Price Inflation for Spices, seasonings, condiments, sauces since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (12.25%), 1981 (9.93%), and 1979 (8.73%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Spices, seasonings, condiments, sauces:

Year 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 67.400 73.283 82.258 90.425 96.958 100.408 102.642 105.925 108.825 112.875 116.142 123.067 129.742 137.017 142.992 147.250 151.100 155.558 162.525 167.783 172.650 175.742 175.608 181.350 184.558 185.592 185.292 187.992 190.308 195.471 204.661 214.727 214.408 219.946 225.928 226.345 229.677 235.580 237.723 239.575 241.491

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Spices, seasonings, condiments, sauces, 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 -0.08%
2001 $20.65 3.27%
2002 $21.02 1.77%
2003 $21.14 0.56%
2004 $21.10 -0.16%
2005 $21.41 1.46%
2006 $21.67 1.23%
2007 $22.26 2.71%
2008 $23.31 4.70%
2009 $24.46 4.92%
2010 $24.42 -0.15%
2011 $25.05 2.58%
2012 $25.73 2.72%
2013 $25.78 0.18%
2014 $26.16 1.47%
2015 $26.83 2.57%
2016 $27.07 0.91%
2017 $27.29 0.78%
2018 $27.50 0.80%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for spices, seasonings, condiments, sauces, 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 Spices, seasonings, condiments, sauces was 175.608 in the year 2000 and 241.491 in 2018:

241.491 / 175.608 * $20 = $27.50

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $27.50 in 2018 (in the CPI category of Spices, seasonings, condiments, sauces).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Spices, seasonings, condiments, sauces in 1978. In addition to spices, seasonings, condiments, sauces, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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