Cereals and cereal products priced at $20 in 2018 $20.45 in 2020

Cereals And Cereal Products Inflation Calculator

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Prices for Cereals And Cereal Products, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cereals and cereal products were 2.27% higher in 2020 versus 2018 (a $0.45 difference in value).

Between 2018 and 2020: Cereals and cereal products experienced an average inflation rate of 1.13% per year. In other words, cereals and cereal products costing $20 in the year 2018 would cost $20.45 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for cereals and cereal products was lower.

In the year 2018: Pricing changed by -0.46%, which is below the average yearly change for cereals and cereal products during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for cereals and cereal products was lower.

Price Inflation for Cereals and cereal products since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (13.78%), 1981 (11.06%), and 2008 (10.13%).

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
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

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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Cereals and cereal products, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2018 $20.00 -0.46%
2019 $20.09 0.43%
2020 $20.45 1.83%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for cereals and cereal products, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Cereals and cereal products was 226.633 in the year 2018 and 231.787 in 2020:

231.787 / 226.633 * $20 = $20.45

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20.45 in 2020 (in the CPI category of Cereals and cereal products).


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

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