Dairy and related products priced at $20 in 1962 $145.26 in 2022

Dairy And Related Products Inflation Calculator

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Prices for Dairy And Related Products, 1962-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for dairy and related products are 626.32% higher in 2022 versus 1962 (a $125.26 difference in value).

Between 1962 and 2022: Dairy and related products experienced an average inflation rate of 3.36% per year. This rate of change indicates significant inflation. In other words, dairy and related products costing $20 in the year 1962 would cost $145.26 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.86% during this same period, inflation for dairy and related products was lower.

In the year 1962: Pricing changed by -0.58%, which is significantly below the average yearly change for dairy and related products during the 1962-2022 time period. Compared to inflation for all items in 1962 (1.18%), inflation for dairy and related products was lower.

Price Inflation for Dairy and related products since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1946 (23.23%), 1974 (18.70%), and 1947 (12.83%).

View price changes for other categories
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Buying power of $20.00 since 1962

Below are calculations of equivalent buying power for Dairy and related products, over time, for $20 beginning in 1962. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1962$20.00-0.58%
1963$19.94-0.30%
1964$20.100.82%
1965$20.180.39%
1966$21.476.41%
1967$22.414.38%
1968$23.163.33%
1969$23.913.22%
1970$25.074.85%
1971$25.853.11%
1972$26.261.60%
1973$28.679.19%
1974$34.0418.70%
1975$35.103.12%
1976$37.948.11%
1977$38.972.69%
1978$41.596.73%
1979$46.4011.58%
1980$50.979.85%
1981$54.607.12%
1982$55.371.40%
1983$56.031.20%
1984$56.751.29%
1985$57.821.88%
1986$57.930.19%
1987$59.362.48%
1988$60.732.30%
1989$64.796.69%
1990$70.919.44%
1991$70.11-1.12%
1992$72.022.72%
1993$72.510.67%
1994$73.831.83%
1995$74.450.83%
1996$79.646.97%
1997$81.552.40%
1998$84.503.62%
1999$89.455.85%
2000$90.050.67%
2001$93.643.98%
2002$94.210.61%
2003$94.08-0.14%
2004$101.007.35%
2005$102.221.21%
2006$101.65-0.56%
2007$109.167.39%
2008$117.928.02%
2009$110.42-6.36%
2010$111.671.13%
2011$119.246.78%
2012$121.772.13%
2013$121.930.13%
2014$126.283.56%
2015$124.66-1.28%
2016$121.79-2.30%
2017$121.880.07%
2018$121.32-0.46%
2019$122.571.03%
2020$127.974.40%
2021$129.701.36%
2022$145.2612.00%*

* 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 Dairy and related products:

Year1935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI15.32315.98516.56915.66915.06215.94617.60019.70021.17721.00021.06225.95429.28532.20029.35429.03832.38533.76933.17732.11532.05432.90033.83834.36234.60835.35435.89235.68535.57735.86936.00838.31539.99241.32342.65444.72346.11546.85451.16260.73162.62367.70069.52374.20082.79290.94697.42398.78599.969101.262103.162103.354105.915108.354115.608126.523125.100128.508129.369131.738132.831142.092145.500150.769159.592160.669167.069168.092167.862180.200182.385181.362194.770210.396197.013199.245212.745217.270217.554225.310222.418217.306217.455216.462218.693228.322231.422259.184

Adjust dairy and related products prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1962 * 1962 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Dairy and related products was 35.685 in the year 1962 and 259.184 in 2022:

259.184 / 35.685 * $20 = $145.26

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1962 has the same "purchasing power" as $145.26 in 2022 (in the CPI category of Dairy and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dairy and related products in 1935. In addition to dairy 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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