According to the U.S. Bureau of Labor Statistics, prices for rice were similar in 1999 versus 1999 (a $0 difference in value).
The current national average price is $1.35 for "Rice, white, long grain, precooked (cost per pound/453.6 grams)". This data is collected by a national survey and can vary from region to region.
Between 1999 and 1999: Rice experienced an average inflation rate of 0% per year. In other words, rice costing $1.35 in the year 1999 would cost $1.35 in 1999 for an equivalent purchase.
In the year 1999: Pricing changed by 1.55%, which is the average yearly change for rice during the 1999-1999 time period. Compared to inflation for all items in 1999 (2.19%), inflation for rice was lower.
The average price for Rice is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.
Average prices for Rice, white, long grain, precooked (cost per pound/453.6 grams):
| Year | Average price (Rice) | Inflation adjusted price (2024 dollars) |
|---|---|---|
| 1981 | $1.30 | No data |
| 1980 | $1.19 | No data |
Below are calculations of equivalent buying power for Rice, over time, for $1.35 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1999 | $1.35 | 1.55% |
| 2000 | $1.33 | -1.59% |
| 2001 | $1.31 | -1.09% |
| 2002 | $1.31 | 0.05% |
| 2003 | $1.35 | 2.57% |
| 2004 | $1.45 | 7.17% |
| 2005 | $1.46 | 0.71% |
| 2006 | $1.54 | 5.64% |
| 2007 | $1.61 | 4.50% |
| 2008 | $2.05 | 27.30% |
| 2009 | $2.15 | 5.33% |
| 2010 | $2.10 | -2.54% |
| 2011 | $2.19 | 4.47% |
| 2012 | $2.24 | 2.07% |
| 2013 | $2.28 | 1.72% |
| 2014 | $2.28 | 0.27% |
| 2015 | $2.24 | -2.04% |
| 2016 | $2.18 | -2.47% |
| 2017 | $2.14 | -1.87% |
| 2018 | $2.16 | 1.05% |
| 2019 | $2.18 | 0.53% |
| 2020 | $2.21 | 1.44% |
| 2021 | $2.23 | 0.97% |
| 2022 | $2.47 | 11.03% |
| 2023 | $2.62 | 6.06% |
| 2024 | $2.58 | -1.56%* |
* 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 Rice:
| 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 | 99.354 | 100.892 | 99.285 | 98.200 | 98.254 | 100.777 | 108.000 | 108.762 | 114.892 | 120.066 | 152.842 | 160.992 | 156.909 | 163.927 | 167.327 | 170.212 | 170.678 | 167.202 | 163.080 | 160.028 | 161.708 | 162.567 | 164.913 | 166.506 | 184.880 | 196.092 | 193.039 |