According to the U.S. Bureau of Labor Statistics, prices for food at elementary and secondary schools are 86.17% higher in 2024 versus 2007 (a $17.23 difference in value).
Between 2007 and 2024: Food at elementary and secondary schools experienced an average inflation rate of 3.72% per year. This rate of change indicates significant inflation. In other words, food at elementary and secondary schools costing $20 in the year 2007 would cost $37.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation for food at elementary and secondary schools was higher.
In the year 2007: Pricing changed by 4.11%, which is above the average yearly change for food at elementary and secondary schools during the 2007-2024 time period. Compared to inflation for all items in 2007 (2.85%), inflation for food at elementary and secondary schools was higher.
Below are calculations of equivalent buying power for Food at elementary and secondary schools, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2007 | $20.00 | 4.11% |
2008 | $20.85 | 4.24% |
2009 | $21.82 | 4.65% |
2010 | $22.38 | 2.56% |
2011 | $23.11 | 3.30% |
2012 | $23.77 | 2.84% |
2013 | $24.60 | 3.51% |
2014 | $25.08 | 1.95% |
2015 | $25.72 | 2.55% |
2016 | $26.91 | 4.61% |
2017 | $27.03 | 0.46% |
2018 | $27.83 | 2.96% |
2019 | $28.39 | 1.99% |
2020 | $27.11 | -4.48% |
2021 | $14.62 | -46.09% |
2022 | $19.38 | 32.61% |
2023 | $36.63 | 88.99% |
2024 | $37.23 | 1.65%* |
* 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 Food at elementary and secondary schools:
Year | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 101.592 | 105.769 | 110.249 | 115.377 | 118.329 | 122.239 | 125.708 | 130.117 | 132.658 | 136.043 | 142.313 | 142.965 | 147.190 | 150.113 | 143.386 | 77.294 | 102.499 | 193.714 | 196.908 |