Fresh biscuits, rolls, muffins price inflation, 1997→2024

Fresh Biscuits, Rolls, Muffins Inflation Calculator

Prices for Fresh Biscuits, Rolls, Muffins, 1997-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh biscuits, rolls, muffins are 134.79% higher in 2024 versus 1997 (a $26.96 difference in value).

Between 1997 and 2024: Fresh biscuits, rolls, muffins experienced an average inflation rate of 3.21% per year. This rate of change indicates significant inflation. In other words, fresh biscuits, rolls, muffins costing $20 in the year 1997 would cost $46.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for fresh biscuits, rolls, muffins was higher.

Price Inflation for Fresh biscuits, rolls, muffins since 1997

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

Years with the largest changes in pricing: 2022 (12.18%), 2008 (11.26%), and 2023 (8.85%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Fresh biscuits, rolls, muffins, 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	$20.46	2.30%
1999	$21.06	2.93%
2000	$21.50	2.10%
2001	$22.30	3.72%
2002	$22.92	2.79%
2003	$23.61	3.02%
2004	$24.30	2.91%
2005	$24.96	2.70%
2006	$25.94	3.94%
2007	$27.29	5.22%
2008	$30.36	11.26%
2009	$30.98	2.03%
2010	$30.78	-0.66%
2011	$32.80	6.56%
2012	$33.55	2.31%
2013	$34.31	2.26%
2014	$34.40	0.25%
2015	$35.22	2.38%
2016	$35.18	-0.11%
2017	$35.13	-0.15%
2018	$35.73	1.72%
2019	$36.02	0.82%
2020	$36.81	2.18%
2021	$38.04	3.35%
2022	$42.67	12.18%
2023	$46.45	8.85%
2024	$46.96	1.09%*

* 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 Fresh biscuits, rolls, muffins:

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	102.300	105.292	107.500	111.500	114.608	118.069	121.500	124.777	129.692	136.456	151.815	154.895	153.880	163.975	167.770	171.557	171.989	176.086	175.896	175.626	178.649	180.113	184.042	190.205	213.366	232.251	234.790

Adjust fresh biscuits, rolls, muffins 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 Fresh biscuits, rolls, muffins was 100.000 in the year 1997 and 234.790 in 2024:

234.790 / 100.000 * $20 = $46.96

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $46.96 in 2024 (in the CPI category of Fresh biscuits, rolls, muffins).

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