According to the U.S. Bureau of Labor Statistics, prices for breakfast cereal are 24.90% higher in 2024 versus 2019 (a $4.98 difference in value).
Between 2019 and 2024: Breakfast cereal experienced an average inflation rate of 4.55% per year. This rate of change indicates significant inflation. In other words, breakfast cereal costing $20 in the year 2019 would cost $24.98 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.13% during this same period, inflation for breakfast cereal was higher.
In the year 2019: Pricing changed by 0.53%, which is significantly below the average yearly change for breakfast cereal during the 2019-2024 time period. Compared to inflation for all items in 2019 (1.81%), inflation for breakfast cereal was lower.
Below are calculations of equivalent buying power for Breakfast cereal, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2019 | $20.00 | 0.53% |
2020 | $20.26 | 1.32% |
2021 | $20.77 | 2.51% |
2022 | $23.38 | 12.52% |
2023 | $25.01 | 6.97% |
2024 | $24.98 | -0.10%* |
* 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 | 277.056 |