According to the U.S. Bureau of Labor Statistics, prices for flour and prepared flour mixes are 104.09% higher in 2024 versus 1998 (a $20.82 difference in value).
Between 1998 and 2024: Flour and prepared flour mixes experienced an average inflation rate of 2.78% per year. This rate of change indicates significant inflation. In other words, flour and prepared flour mixes costing $20 in the year 1998 would cost $40.82 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for flour and prepared flour mixes was higher.
In the year 1998: Pricing changed by 1.79%, which is below the average yearly change for flour and prepared flour mixes during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for flour and prepared flour mixes was higher.
Below are calculations of equivalent buying power for Flour and prepared flour mixes, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | 1.79% |
1999 | $20.24 | 1.18% |
2000 | $20.14 | -0.48% |
2001 | $20.65 | 2.56% |
2002 | $21.50 | 4.07% |
2003 | $22.43 | 4.37% |
2004 | $22.36 | -0.34% |
2005 | $22.58 | 0.99% |
2006 | $22.91 | 1.45% |
2007 | $24.09 | 5.16% |
2008 | $28.40 | 17.88% |
2009 | $29.14 | 2.64% |
2010 | $28.14 | -3.45% |
2011 | $30.19 | 7.27% |
2012 | $31.80 | 5.34% |
2013 | $31.78 | -0.07% |
2014 | $31.41 | -1.16% |
2015 | $30.93 | -1.52% |
2016 | $30.29 | -2.07% |
2017 | $29.73 | -1.85% |
2018 | $29.87 | 0.46% |
2019 | $29.61 | -0.86% |
2020 | $29.97 | 1.21% |
2021 | $30.67 | 2.34% |
2022 | $36.47 | 18.94% |
2023 | $40.30 | 10.50% |
2024 | $40.82 | 1.27%* |
* 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 Flour and prepared flour mixes:
Year | 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 70.300 | 75.846 | 83.585 | 91.692 | 97.308 | 98.785 | 99.315 | 101.938 | 105.369 | 106.638 | 107.546 | 110.654 | 120.177 | 125.154 | 125.654 | 132.569 | 132.438 | 134.785 | 140.800 | 151.600 | 156.269 | 159.062 | 160.931 | 160.162 | 164.269 | 170.954 | 178.423 | 177.823 | 179.577 | 182.177 | 191.583 | 225.830 | 231.790 | 223.801 | 240.064 | 252.895 | 252.721 | 249.798 | 246.003 | 240.906 | 236.439 | 237.527 | 235.478 | 238.326 | 243.899 | 290.088 | 320.548 | 324.626 |