Breakfast cereal priced at $20 in 1996 $26.26 in 2022

Breakfast Cereal Inflation Calculator

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Prices for Breakfast Cereal, 1996-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for breakfast cereal are 31.28% higher in 2022 versus 1996 (a $6.26 difference in value).

Between 1996 and 2022: Breakfast cereal experienced an average inflation rate of 1.05% per year. In other words, breakfast cereal costing $20 in the year 1996 would cost $26.26 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.37% during this same period, inflation for breakfast cereal was lower.

In the year 1996: Pricing changed by -1.29%, which is below the average yearly change for breakfast cereal during the 1996-2022 time period. Compared to inflation for all items in 1996 (2.93%), inflation for breakfast cereal was much lower.

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%).

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Buying power of $20.00 since 1996

Below are calculations of equivalent buying power for Breakfast cereal, over time, for $20 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$20.00-1.29%
1997$19.73-1.34%
1998$19.991.31%
1999$20.552.78%
2000$20.841.41%
2001$21.020.86%
2002$21.371.68%
2003$21.510.64%
2004$21.42-0.39%
2005$21.430.02%
2006$21.04-1.79%
2007$21.582.55%
2008$22.333.48%
2009$22.922.64%
2010$22.65-1.17%
2011$23.523.82%
2012$24.012.10%
2013$23.97-0.16%
2014$24.080.47%
2015$24.190.42%
2016$23.92-1.11%
2017$23.65-1.10%
2018$23.23-1.81%
2019$23.350.53%
2020$23.661.32%
2021$24.252.51%
2022$26.268.27%*
* Not final. See inflation summary for latest details.

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

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI57.10060.76966.62376.33186.90894.80099.854105.338111.277117.246124.131132.938147.869158.562168.115175.423183.269190.600192.492190.015187.469189.931195.215197.962199.669203.023204.315203.523203.562199.908205.014212.149217.745215.189223.415228.107227.752228.825229.784227.242224.739220.660221.819224.751230.401249.449

Adjust breakfast cereal prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1996 * 1996 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Breakfast cereal was 190.015 in the year 1996 and 249.449 in 2022:

249.449 / 190.015 * $20 = $26.26

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1996 has the same "purchasing power" as $26.26 in 2022 (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.

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