Food at home priced at $20 in 1980 $23.27 in 1984

Food At Home Inflation Calculator

$

Prices for Food At Home, 1980-1984 ($20)

According to the U.S. Bureau of Labor Statistics, prices for food at home were 16.33% higher in 1984 versus 1980 (a $3.27 difference in value).

Between 1980 and 1984: Food at home experienced an average inflation rate of 3.85% per year. This rate of change indicates significant inflation. In other words, food at home costing $20 in the year 1980 would cost $23.27 in 1984 for an equivalent purchase. Compared to the overall inflation rate of 5.96% during this same period, inflation for food at home was lower.

In the year 1980: Pricing changed by 8%, which is significantly above the average yearly change for food at home during the 1980-1984 time period. Compared to inflation for all items in 1980 (13.55%), inflation for food at home was much lower.

Price Inflation for Food at home since 1947

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1973 (16.30%), 1974 (14.85%), and 2022 (11.42%).

View price changes for other categories
Phoenix, Arizona · Fish and seafood · Bananas · Houston, Texas · More

Buying power of $20.00 since 1980

Below are calculations of equivalent buying power for Food at home, over time, for $20 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$20.008.00%
1981$21.467.30%
1982$22.203.45%
1983$22.441.06%
1984$23.273.70%
1985$23.601.44%
1986$24.282.86%
1987$25.324.32%
1988$26.384.17%
1989$28.116.57%
1990$29.956.53%
1991$30.752.66%
1992$30.970.72%
1993$31.702.37%
1994$32.612.87%
1995$33.673.24%
1996$34.923.73%
1997$35.792.49%
1998$36.471.89%
1999$37.171.91%
2000$38.002.24%
2001$39.243.27%
2002$39.751.30%
2003$40.602.15%
2004$42.143.79%
2005$42.951.93%
2006$43.711.76%
2007$45.554.21%
2008$48.476.40%
2009$48.690.47%
2010$48.850.33%
2011$51.204.80%
2012$52.462.46%
2013$52.930.90%
2014$54.202.39%
2015$54.831.17%
2016$54.11-1.31%
2017$54.00-0.20%
2018$54.250.45%
2019$54.720.88%
2020$56.643.50%
2021$58.603.46%
2022$65.2911.42%
2023$68.575.02%
2024$69.311.08%*

* 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 home:

Year194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI25.83828.00026.90027.25430.30830.86230.28530.12329.50829.67730.63831.97731.20831.49231.76231.98532.38532.76933.51535.23835.11536.25438.02339.92340.89242.70849.66957.04661.75463.06266.80073.83181.81588.36294.81598.08599.123102.792104.269107.254111.885116.554124.208132.315135.838136.823140.062144.085148.754154.300158.138161.131164.208167.885173.369175.615179.392186.185189.777193.115201.245214.125215.124215.836226.201231.774233.869239.456242.250239.065238.589239.661241.775250.233258.892288.451302.929306.208

Adjust food at home prices for inflation

Start with the inflation rate formula:

CPI in 1984 / CPI in 1980 * 1980 USD value = 1984 USD value

Then plug in historical CPI values from above. The CPI for Food at home was 88.362 in the year 1980 and 102.792 in 1984:

102.792 / 88.362 * $20 = $23.27

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1980 has the same "purchasing power" as $23.27 in 1984 (in the CPI category of Food at home).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Food at home in 1947. In addition to food at home, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.