Processed fish and seafood price inflation, 1997→2024

Processed Fish And Seafood Inflation Calculator

Prices for Processed Fish And Seafood, 1997-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for processed fish and seafood are 72.51% higher in 2024 versus 1997 (a $14.50 difference in value).

Between 1997 and 2024: Processed fish and seafood experienced an average inflation rate of 2.04% per year. This rate of change indicates significant inflation. In other words, processed fish and seafood costing $20 in the year 1997 would cost $34.50 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for processed fish and seafood was lower.

Price Inflation for Processed fish and seafood since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2022 (9.07%), 2009 (6.68%), and 2008 (6.24%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Processed fish and seafood, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1997	$20.00	-
1998	$20.43	2.14%
1999	$20.66	1.14%
2000	$20.60	-0.31%
2001	$20.67	0.36%
2002	$20.93	1.24%
2003	$21.07	0.70%
2004	$21.22	0.67%
2005	$21.72	2.39%
2006	$22.14	1.91%
2007	$22.68	2.47%
2008	$24.10	6.24%
2009	$25.71	6.68%
2010	$25.51	-0.79%
2011	$26.91	5.53%
2012	$28.05	4.22%
2013	$28.51	1.63%
2014	$29.69	4.15%
2015	$29.39	-1.00%
2016	$28.60	-2.70%
2017	$28.91	1.11%
2018	$29.31	1.36%
2019	$29.78	1.59%
2020	$30.55	2.61%
2021	$31.69	3.71%
2022	$34.56	9.07%
2023	$35.06	1.45%
2024	$34.50	-1.60%*

* 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 Processed fish and seafood:

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	102.138	103.308	102.992	103.362	104.638	105.369	106.077	108.615	110.685	113.415	120.496	128.549	127.528	134.574	140.247	142.527	148.439	146.957	142.989	144.573	146.547	148.883	152.775	158.440	172.805	175.311	172.511

Adjust processed fish and seafood prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Processed fish and seafood was 100.000 in the year 1997 and 172.511 in 2024:

172.511 / 100.000 * $20 = $34.50

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $34.50 in 2024 (in the CPI category of Processed fish and seafood).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Processed fish and seafood in 1997. In addition to processed fish and seafood, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.