According to the U.S. Bureau of Labor Statistics, prices for canned vegetables are 45.13% higher in 2024 versus 2010 (a $9.03 difference in value).
Between 2010 and 2024: Canned vegetables experienced an average inflation rate of 2.70% per year. This rate of change indicates significant inflation. In other words, canned vegetables costing $20 in the year 2010 would cost $29.03 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.62% during this same period, inflation for canned vegetables was higher.
In the year 2010: Pricing changed by -1.37%, which is significantly below the average yearly change for canned vegetables during the 2010-2024 time period. Compared to inflation for all items in 2010 (1.64%), inflation for canned vegetables was much lower.
Below are calculations of equivalent buying power for Canned vegetables, over time, for $20 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2010 | $20.00 | -1.37% |
2011 | $20.34 | 1.71% |
2012 | $20.99 | 3.19% |
2013 | $21.05 | 0.30% |
2014 | $21.46 | 1.94% |
2015 | $21.34 | -0.57% |
2016 | $21.16 | -0.82% |
2017 | $20.54 | -2.92% |
2018 | $20.83 | 1.41% |
2019 | $21.62 | 3.78% |
2020 | $22.35 | 3.37% |
2021 | $23.39 | 4.65% |
2022 | $26.60 | 13.74% |
2023 | $28.37 | 6.64% |
2024 | $29.03 | 2.31%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Canned vegetables:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 103.754 | 105.923 | 106.777 | 110.831 | 115.777 | 115.792 | 116.969 | 122.115 | 125.869 | 129.530 | 147.013 | 162.448 | 160.223 | 162.958 | 168.149 | 168.652 | 171.924 | 170.942 | 169.540 | 164.587 | 166.912 | 173.224 | 179.056 | 187.382 | 213.128 | 227.269 | 232.529 |