Cereals and cereal products priced at $20 in 1977 $82.87 in 2022

Cereals And Cereal Products Inflation Calculator

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Prices for Cereals And Cereal Products, 1977-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cereals and cereal products are 314.33% higher in 2022 versus 1977 (a $62.87 difference in value).

Between 1977 and 2022: Cereals and cereal products experienced an average inflation rate of 3.21% per year. This rate of change indicates significant inflation. In other words, cereals and cereal products costing $20 in the year 1977 would cost $82.87 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation for cereals and cereal products was lower.

Price Inflation for Cereals and cereal products since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (13.78%), 2022 (11.23%), and 1981 (11.06%).

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Buying power of $20.00 since 1977

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:

YearUSD ValueInflation Rate
1977$20.00-
1978$21.577.84%
1979$23.388.42%
1980$26.6113.78%
1981$29.5511.06%
1982$30.794.21%
1983$31.391.94%
1984$32.613.88%
1985$33.873.87%
1986$34.872.96%
1987$35.973.15%
1988$38.707.58%
1989$42.279.25%
1990$44.575.43%
1991$46.614.58%
1992$48.423.88%
1993$49.883.01%
1994$52.084.41%
1995$52.801.39%
1996$53.361.04%
1997$53.560.39%
1998$54.191.17%
1999$55.282.02%
2000$55.580.54%
2001$56.461.58%
2002$57.451.76%
2003$58.511.84%
2004$58.820.52%
2005$58.990.30%
2006$59.180.31%
2007$61.513.95%
2008$67.7410.13%
2009$70.073.43%
2010$68.76-1.86%
2011$71.774.38%
2012$73.592.53%
2013$73.52-0.10%
2014$73.570.07%
2015$73.960.52%
2016$73.06-1.22%
2017$71.94-1.53%
2018$71.61-0.46%
2019$71.920.43%
2020$73.231.83%
2021$74.501.73%
2022$82.8711.23%*

* 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:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI63.30068.26274.00884.20893.52397.46299.354103.208107.200110.369113.846122.477133.800141.062147.523153.254157.862164.831167.123168.869169.531171.508174.969175.908178.685181.831185.185186.154186.708187.292194.684214.403221.765217.639227.164232.919232.690232.863234.083231.228227.683226.633227.613231.787235.802262.273

Adjust cereals and cereal products prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1977 * 1977 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Cereals and cereal products was 63.300 in the year 1977 and 262.273 in 2022:

262.273 / 63.300 * $20 = $82.87

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $82.87 in 2022 (in the CPI category of Cereals and cereal products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Cereals and cereal products in 1977. In addition to cereals and cereal 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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