Food from vending machines and mobile vendors price inflation, 1997→2024

Food From Vending Machines And Mobile Vendors Inflation Calculator

Prices for Food From Vending Machines And Mobile Vendors, 1997-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for food from vending machines and mobile vendors are 131.44% higher in 2024 versus 1997 (a $26.29 difference in value).

Between 1997 and 2024: Food from vending machines and mobile vendors experienced an average inflation rate of 3.16% per year. This rate of change indicates significant inflation. In other words, food from vending machines and mobile vendors costing $20 in the year 1997 would cost $46.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for food from vending machines and mobile vendors was higher.

Price Inflation for Food from vending machines and mobile vendors since 1997

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

Years with the largest changes in pricing: 2023 (14.81%), 2022 (8.25%), and 2008 (4.88%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Food from vending machines and mobile vendors, 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	$20.10	0.52%
1999	$20.27	0.81%
2000	$20.48	1.08%
2001	$20.84	1.74%
2002	$21.11	1.30%
2003	$21.54	2.04%
2004	$21.97	1.97%
2005	$22.51	2.49%
2006	$23.02	2.25%
2007	$23.67	2.80%
2008	$24.82	4.88%
2009	$25.95	4.54%
2010	$26.61	2.57%
2011	$27.15	2.03%
2012	$28.03	3.24%
2013	$28.66	2.24%
2014	$28.61	-0.17%
2015	$29.25	2.23%
2016	$30.16	3.11%
2017	$30.95	2.62%
2018	$31.91	3.08%
2019	$33.30	4.36%
2020	$34.03	2.21%
2021	$35.60	4.61%
2022	$38.54	8.25%
2023	$44.24	14.81%
2024	$46.29	4.62%*

* 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 from vending machines and mobile vendors:

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	100.515	101.331	102.423	104.208	105.562	107.715	109.838	112.569	115.100	118.325	124.099	129.729	133.064	135.770	140.168	143.309	143.063	146.252	150.805	154.760	159.532	166.485	170.162	178.001	192.686	221.216	231.440

Adjust food from vending machines and mobile vendors 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 Food from vending machines and mobile vendors was 100.000 in the year 1997 and 231.440 in 2024:

231.440 / 100.000 * $20 = $46.29

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $46.29 in 2024 (in the CPI category of Food from vending machines and mobile vendors).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Food from vending machines and mobile vendors in 1997. In addition to food from vending machines and mobile vendors, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.