Cereals and bakery products priced at $20 in 2000 $28.95 in 2018

Historical Price Inflation for Cereals and bakery products

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Prices for Cereals And Bakery Products, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cereals and bakery products were 44.76% higher in 2018 versus 2000 (a $8.95 difference in value).

Between 2000 and 2018: Cereals and bakery products experienced an average inflation rate of 2.08% per year. This rate of change indicates significant inflation. In other words, cereals and bakery products costing $20 in the year 2000 would cost $28.95 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for cereals and bakery products was lower.

In the year 2000: Pricing changed by 1.79%, which is below the average yearly change for cereals and bakery products during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for cereals and bakery products was lower.

Price Inflation for Cereals and bakery products since 1989

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (10.24%), 1990 (5.73%), and 2007 (4.36%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cereals and bakery products:

Year 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 132.417 140.000 145.808 151.475 156.550 163.000 167.475 173.950 177.650 181.142 184.950 188.267 193.867 198.033 202.792 206.033 208.967 212.833 222.110 244.852 252.559 250.452 260.322 267.680 270.395 271.051 274.053 273.103 271.672 272.541

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Cereals and bakery products, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 1.79%
2001 $20.59 2.97%
2002 $21.04 2.15%
2003 $21.54 2.40%
2004 $21.89 1.60%
2005 $22.20 1.42%
2006 $22.61 1.85%
2007 $23.60 4.36%
2008 $26.01 10.24%
2009 $26.83 3.15%
2010 $26.61 -0.83%
2011 $27.65 3.94%
2012 $28.44 2.83%
2013 $28.72 1.01%
2014 $28.79 0.24%
2015 $29.11 1.11%
2016 $29.01 -0.35%
2017 $28.86 -0.52%
2018 $28.95 0.32%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for cereals and bakery products, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Cereals and bakery products was 188.267 in the year 2000 and 272.541 in 2018:

272.541 / 188.267 * $20 = $28.95

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $28.95 in 2018 (in the CPI category of Cereals and bakery products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Cereals and bakery products in 1989. In addition to cereals and bakery products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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