According to the U.S. Bureau of Labor Statistics, prices for cheese and related products are 123.83% higher in 2024 versus 1989 (a $24.77 difference in value).
Between 1989 and 2024: Cheese and related products experienced an average inflation rate of 2.33% per year. This rate of change indicates significant inflation. In other words, cheese and related products costing $20 in the year 1989 would cost $44.77 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.68% during this same period, inflation for cheese and related products was lower.
In the year 1989: Pricing changed by 7.62%, which is significantly above the average yearly change for cheese and related products during the 1989-2024 time period. Compared to inflation for all items in 1989 (4.83%), inflation for cheese and related products was higher.
Below are calculations of equivalent buying power for Cheese and related products, over time, for $20 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1989 | $20.00 | 7.62% |
| 1990 | $22.32 | 11.58% |
| 1991 | $22.59 | 1.24% |
| 1992 | $23.05 | 2.00% |
| 1993 | $23.02 | -0.11% |
| 1994 | $23.21 | 0.82% |
| 1995 | $23.45 | 1.04% |
| 1996 | $24.61 | 4.93% |
| 1997 | $25.13 | 2.11% |
| 1998 | $25.90 | 3.09% |
| 1999 | $27.67 | 6.81% |
| 2000 | $27.70 | 0.10% |
| 2001 | $28.51 | 2.93% |
| 2002 | $28.92 | 1.45% |
| 2003 | $28.82 | -0.37% |
| 2004 | $30.75 | 6.73% |
| 2005 | $31.18 | 1.39% |
| 2006 | $30.76 | -1.36% |
| 2007 | $32.57 | 5.90% |
| 2008 | $36.50 | 12.05% |
| 2009 | $34.61 | -5.17% |
| 2010 | $34.85 | 0.68% |
| 2011 | $37.00 | 6.19% |
| 2012 | $37.84 | 2.24% |
| 2013 | $37.75 | -0.23% |
| 2014 | $39.82 | 5.48% |
| 2015 | $39.75 | -0.18% |
| 2016 | $38.78 | -2.43% |
| 2017 | $38.87 | 0.23% |
| 2018 | $39.00 | 0.33% |
| 2019 | $38.90 | -0.25% |
| 2020 | $40.95 | 5.26% |
| 2021 | $41.02 | 0.19% |
| 2022 | $44.68 | 8.91% |
| 2023 | $45.59 | 2.05% |
| 2024 | $44.77 | -1.82%* |
* 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 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 | 2021 | 2022 | 2023 | 2024 |
| 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 | 241.148 | 262.626 | 267.998 | 263.133 |