According to the U.S. Bureau of Labor Statistics, prices for cereals and cereal products are 353.07% higher in 2024 versus 1977 (a $70.61 difference in value).
Between 1977 and 2024: Cereals and cereal products experienced an average inflation rate of 3.27% per year. This rate of change indicates significant inflation. In other words, cereals and cereal products costing $20 in the year 1977 would cost $90.61 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.55% during this same period, inflation for cereals and cereal products was lower.
Below are calculations of equivalent buying power for Cereals and cereal products, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1977 | $20.00 | - |
1978 | $21.57 | 7.84% |
1979 | $23.38 | 8.42% |
1980 | $26.61 | 13.78% |
1981 | $29.55 | 11.06% |
1982 | $30.79 | 4.21% |
1983 | $31.39 | 1.94% |
1984 | $32.61 | 3.88% |
1985 | $33.87 | 3.87% |
1986 | $34.87 | 2.96% |
1987 | $35.97 | 3.15% |
1988 | $38.70 | 7.58% |
1989 | $42.27 | 9.25% |
1990 | $44.57 | 5.43% |
1991 | $46.61 | 4.58% |
1992 | $48.42 | 3.88% |
1993 | $49.88 | 3.01% |
1994 | $52.08 | 4.41% |
1995 | $52.80 | 1.39% |
1996 | $53.36 | 1.04% |
1997 | $53.56 | 0.39% |
1998 | $54.19 | 1.17% |
1999 | $55.28 | 2.02% |
2000 | $55.58 | 0.54% |
2001 | $56.46 | 1.58% |
2002 | $57.45 | 1.76% |
2003 | $58.51 | 1.84% |
2004 | $58.82 | 0.52% |
2005 | $58.99 | 0.30% |
2006 | $59.18 | 0.31% |
2007 | $61.51 | 3.95% |
2008 | $67.74 | 10.13% |
2009 | $70.07 | 3.43% |
2010 | $68.76 | -1.86% |
2011 | $71.77 | 4.38% |
2012 | $73.59 | 2.53% |
2013 | $73.52 | -0.10% |
2014 | $73.57 | 0.07% |
2015 | $73.96 | 0.52% |
2016 | $73.06 | -1.22% |
2017 | $71.94 | -1.53% |
2018 | $71.61 | -0.46% |
2019 | $71.92 | 0.43% |
2020 | $73.23 | 1.83% |
2021 | $74.50 | 1.73% |
2022 | $84.75 | 13.76% |
2023 | $90.88 | 7.23% |
2024 | $90.61 | -0.29%* |
* 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 Cereals and cereal products:
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 63.300 | 68.262 | 74.008 | 84.208 | 93.523 | 97.462 | 99.354 | 103.208 | 107.200 | 110.369 | 113.846 | 122.477 | 133.800 | 141.062 | 147.523 | 153.254 | 157.862 | 164.831 | 167.123 | 168.869 | 169.531 | 171.508 | 174.969 | 175.908 | 178.685 | 181.831 | 185.185 | 186.154 | 186.708 | 187.292 | 194.684 | 214.403 | 221.765 | 217.639 | 227.164 | 232.919 | 232.690 | 232.863 | 234.083 | 231.228 | 227.683 | 226.633 | 227.613 | 231.787 | 235.802 | 268.246 | 287.630 | 286.792 |