Cheese and related products priced at $20 in 1996 $35.39 in 2022

Cheese And Related Products Inflation Calculator

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Prices for Cheese And Related Products, 1996-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cheese and related products are 76.97% higher in 2022 versus 1996 (a $15.39 difference in value).

Between 1996 and 2022: Cheese and related products experienced an average inflation rate of 2.22% per year. This rate of change indicates significant inflation. In other words, cheese and related products costing $20 in the year 1996 would cost $35.39 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.38% during this same period, inflation for cheese and related products was lower.

In the year 1996: Pricing changed by 4.93%, which is above the average yearly change for cheese and related products during the 1996-2022 time period. Compared to inflation for all items in 1996 (2.93%), 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%).

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Buying power of $20.00 since 1996

Below are calculations of equivalent buying power for Cheese and related products, over time, for $20 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$20.004.93%
1997$20.422.11%
1998$21.053.09%
1999$22.496.81%
2000$22.510.10%
2001$23.172.93%
2002$23.511.45%
2003$23.42-0.37%
2004$24.996.73%
2005$25.341.39%
2006$25.00-1.36%
2007$26.475.90%
2008$29.6612.05%
2009$28.13-5.17%
2010$28.320.68%
2011$30.076.19%
2012$30.752.24%
2013$30.68-0.23%
2014$32.365.48%
2015$32.30-0.18%
2016$31.52-2.43%
2017$31.590.23%
2018$31.700.33%
2019$31.62-0.25%
2020$33.285.26%
2021$33.340.19%
2022$35.396.16%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cheese and related products:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI68.50071.76980.61588.70896.09298.531100.162101.308103.215103.554105.938109.238117.562131.177132.808135.469135.323136.438137.862144.654147.700152.262162.631162.800167.577170.008169.377180.777183.292180.800191.472214.546203.457204.845217.517222.400221.887234.051233.634227.960228.493229.246228.663240.683241.148255.992

Adjust cheese and related products prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1996 * 1996 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Cheese and related products was 144.654 in the year 1996 and 255.992 in 2022:

255.992 / 144.654 * $20 = $35.39

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1996 has the same "purchasing power" as $35.39 in 2022 (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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