Cheese and related products priced at $20 in 1979 $59.71 in 2020

Cheese And Related Products Inflation Calculator

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Prices for Cheese And Related Products, 1979-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cheese and related products were 198.56% higher in 2020 versus 1979 (a $39.71 difference in value).

Between 1979 and 2020: Cheese and related products experienced an average inflation rate of 2.70% per year. This rate of change indicates significant inflation. In other words, cheese and related products costing $20 in the year 1979 would cost $59.71 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.15% during this same period, inflation for cheese and related products was lower.

In the year 1979: Pricing changed by 12.33%, which is significantly above the average yearly change for cheese and related products during the 1979-2020 time period. Compared to inflation for all items in 1979 (11.26%), inflation for cheese and related products was higher.

Price Inflation for Cheese and related products since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (12.33%), 2008 (12.05%), and 1990 (11.58%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cheese and related 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 68.500 71.769 80.615 88.708 96.092 98.531 100.162 101.308 103.215 103.554 105.938 109.238 117.562 131.177 132.808 135.469 135.323 136.438 137.862 144.654 147.700 152.262 162.631 162.800 167.577 170.008 169.377 180.777 183.292 180.800 191.472 214.546 203.457 204.845 217.517 222.400 221.887 234.051 233.634 227.960 228.493 229.246 228.663 240.683

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Buying power of $20 since 1979

Below are calculations of equivalent buying power for Cheese and related products, over time, for $20 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1979 $20.00 12.33%
1980 $22.01 10.04%
1981 $23.84 8.32%
1982 $24.44 2.54%
1983 $24.85 1.66%
1984 $25.13 1.14%
1985 $25.61 1.88%
1986 $25.69 0.33%
1987 $26.28 2.30%
1988 $27.10 3.12%
1989 $29.17 7.62%
1990 $32.54 11.58%
1991 $32.95 1.24%
1992 $33.61 2.00%
1993 $33.57 -0.11%
1994 $33.85 0.82%
1995 $34.20 1.04%
1996 $35.89 4.93%
1997 $36.64 2.11%
1998 $37.77 3.09%
1999 $40.35 6.81%
2000 $40.39 0.10%
2001 $41.57 2.93%
2002 $42.18 1.45%
2003 $42.02 -0.37%
2004 $44.85 6.73%
2005 $45.47 1.39%
2006 $44.85 -1.36%
2007 $47.50 5.90%
2008 $53.23 12.05%
2009 $50.48 -5.17%
2010 $50.82 0.68%
2011 $53.96 6.19%
2012 $55.18 2.24%
2013 $55.05 -0.23%
2014 $58.07 5.48%
2015 $57.96 -0.18%
2016 $56.56 -2.43%
2017 $56.69 0.23%
2018 $56.87 0.33%
2019 $56.73 -0.25%
2020 $59.71 5.26%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for cheese and related products, 1979-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1979 * 1979 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Cheese and related products was 80.615 in the year 1979 and 240.683 in 2020:

240.683 / 80.615 * $20 = $59.71

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1979 has the same "purchasing power" as $59.71 in 2020 (in the CPI category of Cheese and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Cheese and related products in 1977. In addition to cheese and related 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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