According to the U.S. Bureau of Labor Statistics, prices for cheese and related products are 82.01% higher in 2024 versus 1996 (a $16.40 difference in value).
Between 1996 and 2024: Cheese and related products experienced an average inflation rate of 2.16% per year. This rate of change indicates significant inflation. In other words, cheese and related products costing $20 in the year 1996 would cost $36.40 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% 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 1996-2024 time period. Compared to inflation for all items in 1996 (2.93%), 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 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1996 | $20.00 | 4.93% |
| 1997 | $20.42 | 2.11% |
| 1998 | $21.05 | 3.09% |
| 1999 | $22.49 | 6.81% |
| 2000 | $22.51 | 0.10% |
| 2001 | $23.17 | 2.93% |
| 2002 | $23.51 | 1.45% |
| 2003 | $23.42 | -0.37% |
| 2004 | $24.99 | 6.73% |
| 2005 | $25.34 | 1.39% |
| 2006 | $25.00 | -1.36% |
| 2007 | $26.47 | 5.90% |
| 2008 | $29.66 | 12.05% |
| 2009 | $28.13 | -5.17% |
| 2010 | $28.32 | 0.68% |
| 2011 | $30.07 | 6.19% |
| 2012 | $30.75 | 2.24% |
| 2013 | $30.68 | -0.23% |
| 2014 | $32.36 | 5.48% |
| 2015 | $32.30 | -0.18% |
| 2016 | $31.52 | -2.43% |
| 2017 | $31.59 | 0.23% |
| 2018 | $31.70 | 0.33% |
| 2019 | $31.62 | -0.25% |
| 2020 | $33.28 | 5.26% |
| 2021 | $33.34 | 0.19% |
| 2022 | $36.31 | 8.91% |
| 2023 | $37.05 | 2.05% |
| 2024 | $36.40 | -1.76%* |
* 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 | 263.287 |