Breakfast cereal priced at $20 in 1993 $24.59 in 2021

Breakfast Cereal Inflation Calculator

$

Prices for Breakfast Cereal, 1993-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for breakfast cereal were 22.96% higher in 2021 versus 1993 (a $4.59 difference in value).

Between 1993 and 2021: Breakfast cereal experienced an average inflation rate of 0.74% per year. In other words, breakfast cereal costing $20 in the year 1993 would cost $24.59 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.17% during this same period, inflation for breakfast cereal was lower.

In the year 1993: Pricing changed by 4.47%, which is significantly above the average yearly change for breakfast cereal during the 1993-2021 time period. Compared to inflation for all items in 1993 (2.95%), inflation for breakfast cereal was higher.

Price Inflation for Breakfast cereal since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (14.57%), 1981 (13.86%), and 1989 (11.23%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Breakfast cereal:

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
CPI 57.100 60.769 66.623 76.331 86.908 94.800 99.854 105.338 111.277 117.246 124.131 132.938 147.869 158.562 168.115 175.423 183.269 190.600 192.492 190.015 187.469 189.931 195.215 197.962 199.669 203.023 204.315 203.523 203.562 199.908 205.014 212.149 217.745 215.189 223.415 228.107 227.752 228.825 229.784 227.242 224.739 220.660 221.819 224.751 225.356

View price changes for other categories
Airline fares · Wireless telephone services · San Francisco, California · Atlanta, Georgia · More

Buying power of $20 since 1993

Below are calculations of equivalent buying power for Breakfast cereal, over time, for $20 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1993 $20.00 4.47%
1994 $20.80 4.00%
1995 $21.01 0.99%
1996 $20.74 -1.29%
1997 $20.46 -1.34%
1998 $20.73 1.31%
1999 $21.30 2.78%
2000 $21.60 1.41%
2001 $21.79 0.86%
2002 $22.16 1.68%
2003 $22.30 0.64%
2004 $22.21 -0.39%
2005 $22.21 0.02%
2006 $21.82 -1.79%
2007 $22.37 2.55%
2008 $23.15 3.48%
2009 $23.76 2.64%
2010 $23.48 -1.17%
2011 $24.38 3.82%
2012 $24.89 2.10%
2013 $24.85 -0.16%
2014 $24.97 0.47%
2015 $25.08 0.42%
2016 $24.80 -1.11%
2017 $24.53 -1.10%
2018 $24.08 -1.81%
2019 $24.21 0.53%
2020 $24.53 1.32%
2021 $24.59 0.27%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for breakfast cereal, 1993-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1993 * 1993 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Breakfast cereal was 183.269 in the year 1993 and 225.356 in 2021:

225.356 / 183.269 * $20 = $24.59

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1993 has the same "purchasing power" as $24.59 in 2021 (in the CPI category of Breakfast cereal).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Breakfast cereal in 1977. In addition to breakfast cereal, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.