According to the U.S. Bureau of Labor Statistics, prices for cereals and cereal products are 319.93% higher in 2024 versus 1978 (a $63.99 difference in value).
Between 1978 and 2024: Cereals and cereal products experienced an average inflation rate of 3.17% per year. This rate of change indicates significant inflation. In other words, cereals and cereal products costing $20 in the year 1978 would cost $83.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for cereals and cereal products was lower.
In the year 1978: Pricing changed by 7.84%, which is significantly above the average yearly change for cereals and cereal products during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), inflation for cereals and cereal products was higher.
Below are calculations of equivalent buying power for Cereals and cereal products, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1978 | $20.00 | 7.84% |
| 1979 | $21.68 | 8.42% |
| 1980 | $24.67 | 13.78% |
| 1981 | $27.40 | 11.06% |
| 1982 | $28.56 | 4.21% |
| 1983 | $29.11 | 1.94% |
| 1984 | $30.24 | 3.88% |
| 1985 | $31.41 | 3.87% |
| 1986 | $32.34 | 2.96% |
| 1987 | $33.36 | 3.15% |
| 1988 | $35.88 | 7.58% |
| 1989 | $39.20 | 9.25% |
| 1990 | $41.33 | 5.43% |
| 1991 | $43.22 | 4.58% |
| 1992 | $44.90 | 3.88% |
| 1993 | $46.25 | 3.01% |
| 1994 | $48.29 | 4.41% |
| 1995 | $48.97 | 1.39% |
| 1996 | $49.48 | 1.04% |
| 1997 | $49.67 | 0.39% |
| 1998 | $50.25 | 1.17% |
| 1999 | $51.26 | 2.02% |
| 2000 | $51.54 | 0.54% |
| 2001 | $52.35 | 1.58% |
| 2002 | $53.27 | 1.76% |
| 2003 | $54.26 | 1.84% |
| 2004 | $54.54 | 0.52% |
| 2005 | $54.70 | 0.30% |
| 2006 | $54.87 | 0.31% |
| 2007 | $57.04 | 3.95% |
| 2008 | $62.82 | 10.13% |
| 2009 | $64.98 | 3.43% |
| 2010 | $63.77 | -1.86% |
| 2011 | $66.56 | 4.38% |
| 2012 | $68.24 | 2.53% |
| 2013 | $68.18 | -0.10% |
| 2014 | $68.23 | 0.07% |
| 2015 | $68.58 | 0.52% |
| 2016 | $67.75 | -1.22% |
| 2017 | $66.71 | -1.53% |
| 2018 | $66.40 | -0.46% |
| 2019 | $66.69 | 0.43% |
| 2020 | $67.91 | 1.83% |
| 2021 | $69.09 | 1.73% |
| 2022 | $78.59 | 13.76% |
| 2023 | $84.27 | 7.23% |
| 2024 | $83.99 | -0.34%* |
* 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 Cereals and cereal products:
| 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 | 63.300 | 68.262 | 74.008 | 84.208 | 93.523 | 97.462 | 99.354 | 103.208 | 107.200 | 110.369 | 113.846 | 122.477 | 133.800 | 141.062 | 147.523 | 153.254 | 157.862 | 164.831 | 167.123 | 168.869 | 169.531 | 171.508 | 174.969 | 175.908 | 178.685 | 181.831 | 185.185 | 186.154 | 186.708 | 187.292 | 194.684 | 214.403 | 221.765 | 217.639 | 227.164 | 232.919 | 232.690 | 232.863 | 234.083 | 231.228 | 227.683 | 226.633 | 227.613 | 231.787 | 235.802 | 268.246 | 287.630 | 286.652 |