Cookies priced at $5.12 in 2012 $6.99 in 2024

Cookies Inflation Calculator

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Prices for Cookies, 2012-2024 ($5.12)

According to the U.S. Bureau of Labor Statistics, prices for cookies are 36.51% higher in 2024 versus 2012 (a $1.87 difference in value).

The current national average price is $5.12 for "Cookies, chocolate chip, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.

Between 2012 and 2024: Cookies experienced an average inflation rate of 2.63% per year. This rate of change indicates significant inflation. In other words, cookies costing $5.12 in the year 2012 would cost $6.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for cookies was higher.

In the year 2012: Pricing changed by 4.68%, which is above the average yearly change for cookies during the 2012-2024 time period. Compared to inflation for all items in 2012 (2.07%), inflation for cookies was higher.

Price Inflation for Cookies since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (12.71%), 1981 (12%), and 1980 (11.21%).

Price history

The average price for Cookies is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Cookies, chocolate chip, per lb. (453.6 gm):

YearAverage price (Cookies)Inflation adjusted price (2024 dollars)
2024$5.12 (latest available value)$5.12
2023$5.12$5.16
2022$4.56$5.04
2021$3.96$4.94
2020$3.70$4.68
2019$3.49$4.52
2018$3.50$4.56
2017$3.49$4.59
2016$3.35$4.38
2015$3.35$4.39
2014$3.41$4.52
2013$3.64$4.87
2012$3.62$4.95
2011$3.35$4.78
2010$3.25$4.66
2009$3.17$4.57
2008$2.88$4.36
2007$2.70$4.36
2006$2.88$4.79
2005$2.67$4.55
2004$2.65$4.53
2003$2.81$4.88
2002$2.59$4.65
2001$2.44$4.50
2000$2.59$4.85
1999$2.60$4.87
1998$2.54$4.88
1997$2.61$5.10
1996$2.58$5.18
1995$2.47$5.10
1994$2.54$5.39
1993$2.46$5.44
1992$2.77$6.23
1991$2.69$6.28
1990$2.61$6.42
1989$2.38$6.18
1988$2.12$5.92
1987$2.00$5.85
1986$1.99$6.09
1985$1.94$6.15
1984$1.87$6.26
1983$1.82$6.44
1982$1.77$6.51
1981$1.73$6.70
1980$1.58$6.86

View price changes for other categories
Public transportation · Gasoline (all types) · Chicago, Illinois · Televisions · More

Buying power of $5.12 since 2012

Below are calculations of equivalent buying power for Cookies, over time, for $5.12 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2012$5.124.68%
2013$5.222.01%
2014$5.270.97%
2015$5.341.25%
2016$5.34-0.05%
2017$5.32-0.34%
2018$5.360.77%
2019$5.410.89%
2020$5.522.12%
2021$5.601.45%
2022$6.3112.71%
2023$6.939.82%
2024$6.990.81%*

* 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 Cookies:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI63.50066.21572.70880.86290.56295.61599.200105.177110.908114.792119.931125.954135.308142.938150.823156.269158.885165.808170.185174.762180.192183.108187.338187.631190.715196.162202.569205.192206.423211.577217.879232.443244.084245.378245.932257.435262.598265.134268.451268.315267.394269.443271.841277.614281.639317.446348.615351.425

Adjust cookies prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2012 * 2012 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Cookies was 257.435 in the year 2012 and 351.425 in 2024:

351.425 / 257.435 * $5.12 = $6.99

Therefore, according to U.S. Bureau of Labor Statistics, $5.12 in 2012 has the same "purchasing power" as $6.99 in 2024 (in the CPI category of Cookies).


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

» Read more about inflation and investment.