According to the U.S. Bureau of Labor Statistics, prices for breakfast cereal are 45.93% higher in 2024 versus 1998 (a $9.19 difference in value).
Between 1998 and 2024: Breakfast cereal experienced an average inflation rate of 1.46% per year. In other words, breakfast cereal costing $20 in the year 1998 would cost $29.19 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for breakfast cereal was lower.
In the year 1998: Pricing changed by 1.31%, which is below the average yearly change for breakfast cereal during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for breakfast cereal was lower.
Below are calculations of equivalent buying power for Breakfast cereal, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | 1.31% |
1999 | $20.56 | 2.78% |
2000 | $20.85 | 1.41% |
2001 | $21.03 | 0.86% |
2002 | $21.38 | 1.68% |
2003 | $21.51 | 0.64% |
2004 | $21.43 | -0.39% |
2005 | $21.44 | 0.02% |
2006 | $21.05 | -1.79% |
2007 | $21.59 | 2.55% |
2008 | $22.34 | 3.48% |
2009 | $22.93 | 2.64% |
2010 | $22.66 | -1.17% |
2011 | $23.53 | 3.82% |
2012 | $24.02 | 2.10% |
2013 | $23.98 | -0.16% |
2014 | $24.10 | 0.47% |
2015 | $24.20 | 0.42% |
2016 | $23.93 | -1.11% |
2017 | $23.67 | -1.10% |
2018 | $23.24 | -1.81% |
2019 | $23.36 | 0.53% |
2020 | $23.67 | 1.32% |
2021 | $24.26 | 2.51% |
2022 | $27.30 | 12.52% |
2023 | $29.20 | 6.97% |
2024 | $29.19 | -0.06%* |
* 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 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 | 2022 | 2023 | 2024 |
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 | 230.401 | 259.258 | 277.333 | 277.157 |