Rice priced at $0.79 in 2021→$0.94 in 2026

Rice Inflation Calculator

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Prices for Rice, 2021-2026 ($0.79)

Rice prices are 19.21% higher in 2026 versus 2021 (a $0.15 difference in value).

The latest available average price is $1.11 in August 2026 for Rice, white, long grain, uncooked, per lb. (453.6 gm). See observed price history.

Between 2021 and 2026, Rice experienced an average inflation rate of 3.58% per year. This rate of change indicates significant inflation. In other words, rice costing $0.79 in the year 2021 would cost $0.94 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 4.12% during this same period, inflation for rice was lower.

In the year 2021: Pricing changed by 0.97%, which is below the average yearly change for rice during the 2021-2026 time period. Compared to inflation for all items in 2021 (4.70%), inflation for rice was much lower.

Price Inflation for Rice since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (27.30%), 2022 (11.03%), and 2004 (7.17%).

According to the U.S. Bureau of Labor Statistics, the average price of rice rose 40%, from $0.79 per pound in 2021 to $1.11 in August 2026. Overall prices rose 24% over the same period, so rice rose faster than inflation. This data is collected by a national survey and can vary from region to region.

● Price● Price, inflation-adjusted

Rice prices by year

The average price for rice is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. The table below shows the average U.S. price of rice, white, long grain, uncooked, per lb. (453.6 gm) each year, along with the same price adjusted for inflation. To understand how price levels differ from inflation rates, see this article published by the BLS.

YearPrice (per pound)Price, inflation-adjusted
2026 (partial)$1.08$1.08
2025$1.05$1.09
2024$1.03$1.11
2023$0.98$1.08
2022$0.91$1.05
2021$0.79$0.98
2020$0.76$0.98
2019$0.76$1.00
2018$0.69$0.92
2017$0.72$0.99
2016$0.72$1.00
2015$0.69$0.97
2014$0.73$1.04
2013$0.72$1.04
2012$0.70$1.02
2011$0.74$1.10
2010$0.74$1.14
2009$0.77$1.20
2008$0.73$1.14
2007$0.55$0.89
2006$0.55$0.91
2005$0.55$0.95
2004$0.54$0.95
2003$0.45$0.82
2002$0.47$0.87
2001No data—
2000$0.49$0.95
1999$0.54$1.08
1998$0.54$1.11
1997$0.57$1.18
1996$0.55$1.17
1995$0.52$1.15
1994$0.55$1.24
1993$0.51$1.19
1992$0.53$1.26
1991$0.50$1.24
1990$0.50$1.27
1989$0.50$1.35
1988$0.48$1.37
1987$0.40$1.18
1986$0.45$1.36
1985$0.47$1.46
1984$0.48$1.54
1983$0.47$1.59
1982$0.50$1.75
1981$0.56$2.07
1980$0.51$2.08

Yearly averages; 2026 is through August. Inflation-adjusted to 2026 dollars.


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Buying power of $0.79 since 2021

Below are calculations of equivalent buying power for Rice, over time, for $0.79 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2021$0.790.97%
2022$0.8811.03%
2023$0.936.06%
2024$0.92-1.55%
2025$0.91-0.67%
2026$0.943.52%*

* 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:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI100.00099.350100.89299.28398.20098.250100.775108.000108.758114.892120.066152.842160.992156.909163.927167.327170.212170.678167.202163.080160.028161.708162.567164.913166.506184.880196.092193.052191.753198.498

Adjust rice prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2021* 2021 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Rice was 166.506 in the year 2021 and 198.498 in 2026:

198.498 / 166.506* $0.79 = $0.94

Therefore, according to U.S. Bureau of Labor Statistics, $0.79 in 2021 has the same "purchasing power" as $0.94 in 2026 (in the CPI category of Rice).


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