Cheese and related products priced at $20 in 2000 $28.18 in 2018

Historical Price Inflation for Cheese and related products

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Prices for Cheese And Related Products, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cheese and related products were 40.91% higher in 2018 versus 2000 (a $8.18 difference in value).

Between 2000 and 2018: Cheese and related products experienced an average inflation rate of 1.92% per year. In other words, cheese and related products costing $20 in the year 2000 would cost $28.18 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for cheese and related products was lower.

In the year 2000: Pricing changed by 0.09%, which is below the average yearly change for cheese and related products during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for cheese and related products was much lower.

Price Inflation for Cheese and related products since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (12.37%), 2008 (12.04%), and 1990 (11.58%).

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

Year 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
CPI 71.750 80.625 88.708 96.092 98.533 100.158 101.308 103.217 103.558 105.942 109.242 117.558 131.175 132.808 135.467 135.325 136.442 137.858 144.650 147.700 152.242 162.633 162.783 167.583 170.008 169.375 180.775 183.292 180.800 191.521 214.578 203.428 204.842 217.522 222.398 221.923 234.088 233.654 227.974 228.502 229.376

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Cheese and related 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 0.09%
2001 $20.59 2.95%
2002 $20.89 1.45%
2003 $20.81 -0.37%
2004 $22.21 6.73%
2005 $22.52 1.39%
2006 $22.21 -1.36%
2007 $23.53 5.93%
2008 $26.36 12.04%
2009 $24.99 -5.20%
2010 $25.17 0.70%
2011 $26.73 6.19%
2012 $27.32 2.24%
2013 $27.27 -0.21%
2014 $28.76 5.48%
2015 $28.71 -0.19%
2016 $28.01 -2.43%
2017 $28.07 0.23%
2018 $28.18 0.38%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for cheese and related 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 Cheese and related products was 162.783 in the year 2000 and 229.376 in 2018:

229.376 / 162.783 * $20 = $28.18

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $28.18 in 2018 (in the CPI category of Cheese and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Cheese and related products in 1978. In addition to cheese and related 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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