Other dairy and related products priced at $20 in 2003 $25.52 in 2018

Historical Price Inflation for Other dairy and related products

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Prices for Other Dairy And Related Products, 2003-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other dairy and related products were 27.62% higher in 2018 versus 2003 (a $5.52 difference in value).

Between 2003 and 2018: Other dairy and related products experienced an average inflation rate of 1.64% per year. In other words, other dairy and related products costing $20 in the year 2003 would cost $25.52 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for other dairy and related products was lower.

Price Inflation for Other dairy and related products since 2003

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (7.71%), 2007 (6.12%), and 2004 (4.49%).

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

Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 114.992 120.150 122.100 122.842 130.364 140.417 137.112 136.102 140.557 144.622 143.382 144.945 147.344 146.221 147.168 146.757

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Buying power of $20 since 2003

Below are calculations of equivalent buying power for Other dairy and related products, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2003 $20.00 -
2004 $20.90 4.49%
2005 $21.24 1.62%
2006 $21.37 0.61%
2007 $22.67 6.12%
2008 $24.42 7.71%
2009 $23.85 -2.35%
2010 $23.67 -0.74%
2011 $24.45 3.27%
2012 $25.15 2.89%
2013 $24.94 -0.86%
2014 $25.21 1.09%
2015 $25.63 1.66%
2016 $25.43 -0.76%
2017 $25.60 0.65%
2018 $25.52 -0.28%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other dairy and related products, 2003-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2003 * 2003 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Other dairy and related products was 114.992 in the year 2003 and 146.757 in 2018:

146.757 / 114.992 * $20 = $25.52

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $25.52 in 2018 (in the CPI category of Other dairy and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other dairy and related products in 2003. In addition to other dairy 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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